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re: House note vs car note
Posted on 2/28/21 at 5:46 pm to GCTigahs
Posted on 2/28/21 at 5:46 pm to GCTigahs
There’s a lot of potential questions with this plan.
Is the vehicle ~$80k?
What’s that $80k payoff do to your savings?
Why not get the car at 0% financing and continue as-is, knowing you have the savings to cover any expenses/notes/etc.? Both rates are low. Basically, why is this a trade-off question?
And ultimately, as the other poster mentioned, if this is her idea, and it makes financial sense in terms of savings/payoff and it’s just a matter of this vs that, GO WITH HER PLAN.
Is the vehicle ~$80k?
What’s that $80k payoff do to your savings?
Why not get the car at 0% financing and continue as-is, knowing you have the savings to cover any expenses/notes/etc.? Both rates are low. Basically, why is this a trade-off question?
And ultimately, as the other poster mentioned, if this is her idea, and it makes financial sense in terms of savings/payoff and it’s just a matter of this vs that, GO WITH HER PLAN.
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