B
Bren
Guest
We have no mortage at present but will be doing some house renovation so need to take one out to pay for that. We also are about to buy a new car.
I'm wondering should we get a car loan seperately and pay it off ASAP or should we include the amount we need for the car in the mortage amount since the interest rate on the mortgage will be lower than on the car loan. Many thanks for any words of wisdom you can offer!
I'm wondering should we get a car loan seperately and pay it off ASAP or should we include the amount we need for the car in the mortage amount since the interest rate on the mortgage will be lower than on the car loan. Many thanks for any words of wisdom you can offer!