Quote:
Originally Posted by Sprintey
Good comments from Simon (do you want to be paying it off in 30 years) & Fairmont GS & Boson & vztrt (you make it sound like a minefield vztrt! But you sound like you know your stuff)
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I don't think it's really a minefield it's more just take a step back and look at your options and what is best for you. If we take the situation at hand there shouldn't be a problem taking the money out of the house for a car if you treat it like a second loan and pay extra money. If you can't do this then don't. You'll end up paying lots of interest.
Don't waste your money when lenders want your business.
Perhaps if the
OP can try the one of the comparison sites for better rates. Find a decent lender for refinance and they will come to the house.
But he will have to fill out the forms....which didn't bother me when I saved 2.5k a year when I switched.