Financing Funny
We're picking up our new Work & Play Thursday. We're financing it. After our (required) down payment, we are about $800-$1000 short of getting a lower interest rate. In other words, if we spend anothe...
Forum Discussion
Crowe wrote:
Beemer, Bob, and Stefonius hit the nail on the head. You been had. Reduce your overall debt load by paying more towards principal each month or by double-paymenting when you can. You'll save a lot more a lot faster. Spending more to get the lower rate is exactly what they want. You had to ask us what you should get which indicates you didn't really need/want anything else.
Thanks all for the suggestions. I figured a few would try to chime in with something I did not ask for. But its the way forums work. :)
When I get there tomorrow, I'll discuss it a little further. As I tried to convey in my OP, if its something I WILL need but haven't thought of yet, why not put it into this loan amount, get the lower interest rate, and THEN pay that extra on my first payment? That gets me a lower rate and I'll pay it off with my first payment.
