0
   

Car Monthly Payments

 
 
Reply Sat 29 Apr, 2017 10:00 pm
I would really want to reduce my car payment so I'm thinking of refinancing the loan to lower the interest rate. I can also extend the term of the loan to lower my monthly payment. Do you think these options are good idea? FYI I'm not gonna sell my car to get a new one. I so love my car to do that, so that is not an option.


  • Topic Stats
  • Top Replies
  • Link to this Topic
Type: Discussion • Score: 0 • Views: 254 • Replies: 1
No top replies

 
jespah
 
  2  
Reply Sun 30 Apr, 2017 07:16 am
@Joey Albinson,
Extending the term of any loan means you will pay more over time, due to interest compounding.
0 Replies
 
 

 
  1. Forums
  2. » Car Monthly Payments
Copyright © 2026 MadLab, LLC :: Terms of Service :: Privacy Policy :: Page generated in 0.03 seconds on 05/08/2026 at 12:04:10