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Old 04-12-2007, 11:02 PM   #1
mgthompson
 
Drives: 07 Yaris Base Sedan
Join Date: Jan 2007
Location: Colorado
Posts: 36
Just refinanced, Check out the deal.

Current 7.8% 72 months 259.70/Month w/o gap Security Service

New 6.24% 60 months 263/Month w/ gap USAA

Loan amount 13,600.


Not bad I'd say.
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Old 04-12-2007, 11:35 PM   #2
dr_evo
 
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Drives: 05 Evolution VIII, 07 Yaris LB
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Location: Bay Area, CA
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Quote:
Originally Posted by mgthompson View Post
Current 7.8% 72 months 259.70/Month w/o gap Security Service

New 6.24% 60 months 263/Month w/ gap USAA

Loan amount 13,600.


Not bad I'd say.

thats a very good deal. you shortened the life of your loan and you only pay less than 4 dollars more per month.
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Old 04-13-2007, 08:38 AM   #3
jamal1984
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why don't you pay additional principal each month and save more.
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Old 04-13-2007, 10:19 AM   #4
mgthompson
 
Drives: 07 Yaris Base Sedan
Join Date: Jan 2007
Location: Colorado
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I will try each month to pay more on principal, but having a low payment always helps in case you can not make the extra payment that month.

Plus I got Gap insurance which is very important.
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