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Obviously 7% is out of the question, but 3.99 may be too low if you have little credit. On a 15k loan the difference between 3.9 and 4.9% over 5
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03-16-2010, 03:23 PM
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#28 (permalink) |
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A True Z Fanatic
 
Join Date: Jan 2010
Location: Austin, TX
Posts: 1,951
Drives: '10 370ZR '13 BRZ
Rep Power: 20  |
Obviously 7% is out of the question, but 3.99 may be too low if you have little credit. On a 15k loan the difference between 3.9 and 4.9% over 5 years is 408 dollars extra interest over the life of the loan.
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