Im buying a new mower and thinking of financing it. I punched some numbers and for 220 a month for 2 years I can get about a $5000 loan. The finance charge would be for around $400. This is all at about a 7% intersest rate. Im thinking of foing this route so I can take my 5k and put it into the stock market and hope for a gain better then 7%. Does this sound like a decent plan or should I just pay cash. Remember Im 18 I live at home and im going to community college which is payed for by my parents. So its not like 200 bucks would kill me per month or if i payed cash I wouldnt be deprinving myself of anything I would need or really want besides expanding my portfolio. In my situation what would you do. O yea my dad would have to co-sign the loan or take the whole thing out in his name, not sure yet. I have no credit.