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lutherbeau
Joined: 05 Nov 2012
Posts: 10
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 Posted: Mon Nov 05, 2012 2:42 pm Post subject: Car loan refinancing question |
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I am currently making payments on a 2010 Ford Escape. I owe about 17,000 on it and have a 0% APR interest loan. The car is due to be paid off in 36 months. The payments are currently at 480/month.
I have the opportunity to refinance the car loan at 5% interest for six years. That means I would pay 18,670 over the next 65 months, but my payments would be reduced to 280/month.
I net about 5000 a month.
Any advice on the best course here.
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Chalama123
Joined: 08 Nov 2012
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| Posted: Thu Nov 08, 2012 8:50 am Post subject: |
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What happens to an existing car loan if I were to buy another car?
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Chalama
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valeray12
Joined: 15 Nov 2012
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| Posted: Thu Nov 15, 2012 6:59 am Post subject: |
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About how much interest in involved to get a car loan refinanced?
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valeray
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