Re: should you pay off a car loan before mortgage?
That is true being that I have no idea what the interest rate or the terms are on either the house or the car, and I have no idea what kind of interest rate this individual is getting on their personal investments. It may in fact make more sense to keep the car loan, but that is on a case by case basis. In my case, it makes a lot more sense for me to get rid of the car loan and put my money toward a mortgage.
|