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Originally Posted by somatic so what you're saying is that your bank is so retarded it actually gave you a better rate on a longer loan? thats then most bass
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02-20-2012, 09:32 AM
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#14 (permalink) | |
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A True Z Fanatic
Join Date: Jul 2009
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Quote:
No... god... what I'm saying is... over 6 years you pay slightly lower finance, BUT if you pay over 6 years it will be a almost couple grand more than the 3 year. If you pay a 6 year in 3 years or less. Its cheaper than taking a 3 year loan for 3 years. Make sense? Its like you guys forgot I'm paying a 6 yr in 2.5 to 3 years vs someone who is on a 6 year for 6. Or a 3 year for 3. You put way more money to the principle and keep finance charges down. The difference in interest is so marginal that you barely save money. Its in finance charges where therres a big difference. Last edited by UNKNOWN_370; 02-20-2012 at 09:42 AM. |
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