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Reply to "Payoff Car Loan vs. Keep/build up savings?"
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[quote=Anonymous]Did you just buy the house or did you buy it in January 2014 or something farther out? I only ask because if you just bought the house you may have not detected some issues with it yet , like the heating when it gets really cold , roof leaks with melting snow etc. We just bought a house 3 months ago and found a leaking toilet that damages the floor underneath and had to pull up and replace floori g and subfloor , around 4k. Also , how secure are your jobs ? It may be a better idea to pay down half the car loan, eliminating a lot of interest , and sounle your monthly payments from the savings. Then, if something comes up and you have savings to pay cash and would only pay the normal monthly payment [/quote]
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