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Pay off my car loan or continue saving?

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dianejsmith

Joined: 17 Nov 2010
dianejsmith's page
Posts: 2

41 Magic Points

Subject: Pay off my car loan or continue saving?

Wed Nov 17, 2010 8:29 pm

so ive got about 10k in the bank so far, im trying to get to 20k by next april to put a down payment on some property. i took out a car loan about 3 years ago with a high interest(something like 15%). i owe 5780.80 with payments of 289.26 a month(220 in principal, 70 in interest). ive got about 2 more years and 3 months before its payed off. should i pay off my car loan or should i just make the minimum monthly payments and continue to save? right now im saving 1k a month and putting it into saving, if i were able to pay off the car i would be able to have 1300 a month to save.

payday loans

Pharmc296
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Subject: Good info

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Pharmd455
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Subject: Good info

Sat Jan 28, 2012 1:31 pm

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Pharmc966
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Subject: Good info

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Pharme423
Guest

Subject: Good info

Sat Jan 28, 2012 1:33 pm

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