Purchasing an iMac.....

[UrbanRyan]

I don't think they'll give you £1000 credit maybe, just build up your reputation with them like buy cheap things - which helps to build your account up. Then again, they might if you pay some sort of deposit first.

[Kyle!]

Argos do a no interest for 6 months deal on every product over £500, sure you'll be able to pay it off in time.

[Metric1]

Seeing as I'm sitting at work and I have a mortgage calculator open I will teach you all a lesson.

If you purchase a house that costs 200k for example and pay it off with a conventional 30 year mortgage, your mortgage payment will be around $1330 a month.

Now, hopefully you get a better interest rate than 7% but I use that as a general rule of thumb.

1330(12 x 30)= $478,800

You are paying more than 2x the original amount of the loan in interest.

If you can get away without a payment plan, do it because you'll save money in the long run!

[Kyle!]

Seeing as I'm sitting at work and I have a mortgage calculator open I will teach you all a lesson.

If you purchase a house that costs 200k for example and pay it off with a conventional 30 year mortgage, your mortgage payment will be around $1330 a month.

Now, hopefully you get a better interest rate than 7% but I use that as a general rule of thumb.

1330(12 x 30)= $478,800

You are paying more than 2x the original amount of the loan in interest.

If you can get away without a payment plan, do it because you'll save money in the long run!

Read what I said about Argos above.

[Metric1]

Read what I said about Argos above.

I bet you have to pay an administration fee or some sort of other interest fee to get that.

[Kyle!]

Nope, you don't. I bought my MacBook with it.