re: Question adding car loan to mortgage?

interest on the home loan is tax deductible, but with interest rates at an all time low, isn't going to make that big a deal.

Basically, your going to stretch what would be a 5 year note (or 6) on a car out to 30 years. So you're paying the car off over a 30 year period now instead of 5. Not the smartest thing you can do.

But, cash is king these days. If you need to extra wiggle room each month to eat or send your kids to private school then do it (probably shouldn't have bought it in the first place if this is the case). If not just suck it up and keep on paying the 5 year note.