Originally Posted by
Flyboyxc91
I thought it was a good example of a "low paying" but still affordable means to safely secure a loan in this situation. As far as "what a CFI makes" it obviously varies as much as this industry.
May I ask your opinion to the starting pay of the average CFI if your going to comment...?
I know I'll make around $25K starting out as CFI where Im going cause it's in a contract with the base salary about that.
My opinion is that most CFIs make much less unless you are maxing out flying everyday at a busy flight school.
Being that you are going to ATP, I assume you are talking about the Guarenteed CFI job? If so, Before you CfI there, you will go to Jacksonville to answer phones while doing the instructor Proficiancy program, then you wait to be assigned an airport to Cfi at, then you begin instructing. (You may already know this but I wrote it incase you didn't)
As far as how much you will make, ATP says CFIs make APPROXIMATLEY 1800-2200 per month. You can make more but can also make a lot less.
I don't suggest anybody take out a loan for flight training, it just isn't worth it, and 3.1% is very low, not everybody can get an interest rate that low..