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Old 06-10-2012, 02:22 PM   #11
dori.
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Quote:
Originally Posted by Turbowned View Post
Some of my local credit unions are offering as low as 1.9% for up to 72 months. I'd much rather go with 60 months and pay it off in 48.
I have a question about this. Will paying the loan off early lower your payments going forward, or is it just to accrue less interest over the life of the loan?
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