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Tag: refinancing

1 question tagged with refinancing

  1. 1.
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    Is refinancing a car loan worth it for a small rate drop?

    My current car loan is 7.2% with 36 months left, and a lender offered 6.5% to refinance. There are some fees and I'm not sure about the break-even point. How do I run the numbers and what gotchas should I watch for?
    Personal Finance·Interest Rates·Auto Loans·Refinancing
    Posted 2 months ago by Amanda Stewart
    54 4