Started By
Message

re: Paying Car Off

Posted on 2/11/13 at 3:31 pm to
Posted by Powerman
Member since Jan 2004
162258 posts
Posted on 2/11/13 at 3:31 pm to
quote:

Rate is 4.7

If I were in your situation I'd probably dump the entire 8K into it

Then over the next several months knock it out

You'll be able to quickly replenish the 8K fund without a car note and you'll avoid the remaining interest

Although I'm not sure what the original loan was. If it's front loaded with interest like every other loan you may have already paid most of the interest

Can you pull up an amortization schedule that shows what portion of your remaining loan is interest and principle?
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram