Pay the Car off or Contribute to Mortgage more
I have a financed car for 05 years with 2.3 % finance rate . My mortgage is 3.5 fixed for 30 years . Once a while I make extra money and like to put this money towards either car or house .
From what it looks I should try to pay my mortgage as it has higher rate of interest but at the same time I want to have one less payment coming out of my pay cheque every week .
I do not have any resources to pay the mortgage off in next twenty years
What is the take of pro's in above situation and why .
From what it looks I should try to pay my mortgage as it has higher rate of interest but at the same time I want to have one less payment coming out of my pay cheque every week .
I do not have any resources to pay the mortgage off in next twenty years
What is the take of pro's in above situation and why .
Certified HVAC Pro. Committed to Customer, not brand. Past RFD Review
2024 AC, Furnace, Heat Pump and Water Heater Groupbuy
2024 AC, Furnace, Heat Pump and Water Heater Groupbuy