Quote:
Originally Posted by e30kawi
When we bought the interest rates were so high and we refinanced at just over half the prior rate.
Ultimately the op needs to do some research and decide what is right for him.
The fifteen year note isn't a big stretch for my wife and I. Sounds like we might be in a similar spot in life. No debt aside from the house payment.
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Lol, yeah wife really wants me paying cash for this second car. I’ve been saving a bundle every month the past few months. My options are buy cash used this summer, like a 15-16k FRS with very low miles or used Miata or put down around 15k on new RF or BRZ and pay off very quick, like around Christmas or slightly after. Obviously if I go with option one used, I free up cash towards other things instead of paying on depreciating asset. What to do.