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Is it worth is to refinance my car loan at a rate 2.9% lower?
Is it worth is to refinance my car loan at a rate 2.9% lower? Current loan status: 36 monthly payments left and interest is 8.39%. Current monthly payments are $445, but I'm two years ahead of schedule. Amount left on loan is $10,530.84 Terms offered for refinanced loan: 37 month loan at 5.49%. Monthly payments would be $314.88 and the new loan amount is $10,690.19. The catch here is that either way I plan...
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