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Everything posted by XxRaVeNxX

  1. Navy Federal and a few other credit unions offer this.
  2. Just follow up in case there are any lurkers Went through the leg work to do the physical work of getting a membership applying for a loan through Carolina Cooperative Credit Union.Unfortunately, they seem pretty hesitant to give loans for private sales, which is what I was looking for. Approved for 2.49 for 84 months, but denied unless it was through Tesla or a dealership. Didn't learn till after I had a membership and pulled my credit for a loan, that their limit for a private sale loan is 30K, which is almost zero Teslas worth buying. She had to ask her boss to see if they would overri
  3. Shorter term, higher monthly payment, less money immediately available for investment. Higher monthly payment is also harder to pay if furloughed or laid off. And... who said I have to take the full term to pay off the loan? You can pay off an 84 month loan early, but you can’t take longer to pay off a 36 month loan. Depreciating or not - I'm also not one to switch out vehicles every 2-3 years
  4. I'm following so the majority of people just want the latest & greatest - these are the people who I see with a different vehicle on my timeline every other year. So, I submit - if majority of people are like this - then going this route will ultimately hurt them, when they trade the car in. Me - personally I probably will go the 84 month route and just pay more on the minimum - I just like having that lower payment in my back pocket. Meh - I plan to keep it for at least 10+ years...
  5. Well let me ask you this - what's the point of not keeping a vehicle and always having a car payment every 7 years or so? Now that is insane to me.
  6. I'd rather 2.49% at 84 months than 2.99% at 72 months. Length of the term isn't as major as interest. Its easy to invest and get a return higher than 2.49%. Strict 36 month terms? Get out of here.. rofl
  7. Yea, I'm not having a car note the same as my mortgage. You're missing the point that 84 months is fine if you have the funds - and you can simply pay more than the minimum in be done in 60-72 months instead of being constrained to what the bank requires especially if a financial emergency comes up. You also can pay for those 'deferred months'
  8. I refute your personal experience by just recently selling my 2005 vehicle. If I was to buy a Tesla or something with a re-higher resale value and gets updates - I can see myself keeping it for longer.
  9. I think it might be geared towards Tesla's based on where I originally saw it. Those don't tend to lose value as quick.
  10. Fingerhut APR is 30.00% and if you don't like the months just lower the number of months the APR doesn't change. Not even the same.
  11. Only a $40,000 car you're only paying $4,000 interest if that...
  12. Through CarolinaCU, anyone can join. Some may not agree with the lengthy terms, but at that low of an APR just pay more on your monthly bill if you can afford it.
  13. What you just described is the exact same gamble that anyone takes when they rent their home, no?
  14. But wouldn't repairs be tax deductible and wouldn't any issues come out of the deposit that aren't covered?
  15. Literally increasing my income 2x fold. Puts me in different income bracket entirely. It's worth it to move. I already live somewhere else. The property management sent me an e-mail yesterday of things that need to be fixed to get it market ready. Landlord insurance is currently on the home - it's actually cheaper for me for whatever reason.
  16. Only lived there for three years - so I believe if I sell now I'd end up losing money.When I bought the home I did it with no money down via Navy Federal Credit Union and my interest rate is at 5.125% yet with no PMI. Should I refiance to lower the interest rate? The property management stated I would need to paint all the walls which is about $1000, deep clean, and professionally clean the carpets - but then again all of this is stuff I would probably have to do if I sold it. Anyways - even with renting it at the ideal rate. I'm only making $160.00 monthly maybe - and that's after t
  17. Are you not able to get a personal loan to lower your monthly payment?
  18. Looking at getting a loan to pay off these credit cards, $12,000 in total. Looking at Prosper, Lending Club, or even my credit union PenFed/NFCU... Pros? Cons? Should I look at other avenues or other banking facilities?
  19. https://i.imgur.com/TXusJYf.jpg There is nothing they can do, based on the last sentence, correct?
  20. To answer your question...lower interest rate, if I went FHA... I'm thinking like 2-3 years down the road though...
  21. So, I went with NFCU 100% Financing Homebuyers mortgage option. The APR is 5.2%, yet no money down AND no PMI. The cost of the home is only 128K I did the math, even if I refinance 2-3 years down the road, I still come out on top...What is the criteria to refinance, is this feasible?
  22. Thanks yet there is no PMI, with Navy Federal 100% finance program. ​ I'm just hoping that I can lower this 5% five years down the road.
  23. Navy Federal Credit Union's 100% financing is sitting at around 5% APR, if I was to apply. Is it possible to re-finance this a few years down the road? Are there some limitations or guidelines when re-financing mortgages.
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