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Q:
Should I make extra principle payments on my auto loan or mortgage first?
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finance
business
personal
make
payments
mortgage
principle
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auto loan
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Pay down the higher interest rate first. Once that's gone, put your monthly payment towards the next one. To prove the higher interest is better to pay down than the higher balance, make a spreadsheet.
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Should I make extra principle payments on my auto loan or mortgage first?
Related Questions
- PMI is insurance purchased by the buyer when they have less than the standard 20% down payment that covers ...
- There are several reasons why an application may be declined. The most common reason for a loan decline is ...
- Here is a general overview of the different sections in a consumer credit report: 1. Personal Identification ...
- • Call 1-866-452-3413 or visit your local Wells Fargo Financial store for your risk-free evaluation.
- Can I prepay a loan without penalty? Yes you can. There are no prepayment penalties for ASFCU loans. Does the ...