Monday, June 22, 2009

Auto Loan refinance to extend loan.?

In October 2006 I started paying on my truck loan, $41,142.72 @ 6.79% for 48 months($744.72 per month payment). 9 Months later I have $25,997.37 and 39 months left on my loan. I would really like to extend my loan 12 more months to make my payment smaller so I could put that extra cash towards a house payment. Would a loan officer even take me serious if I wanted something like $26,000 loan @ 5.75% for 51 months so my payments are around $575 or so?? My credit score is around 774-779 and I live in Minnesota if that helps. Also, are there any fees or extra cost with refinancing an auto loan or anything like that I should watch out for?? Thanks!



Auto Loan refinance to extend loan.?

Just call you auto loan company and ask them to refianance the loan for you to give you smaller payments.



Good Luck!



Auto Loan refinance to extend loan.?

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Auto Loan refinance to extend loan.?

Since you're a home owner, why don't you apply for a 2nd mortgage for 10 or 15 years. You should also be able to deducte the interest. If your Ist mortgage is fairly new, you could consolidate the two loans into one.



Auto Loan refinance to extend loan.?

look at diff links here



http://www.webloaners.com/



http://www.loanchamber.com/ Source(s) http://www.eloanwizard.com/

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