W
wonderinglady
Guest
Hello everyone, I've a little dillema and was wondering if people on board could help with some advise. I need to purchase a car in coming months (don't ask reasons, it's a necessity). I'm debating wheter in doing so shall I get a loan for the car, insurance & also clear credit card (3000) & small personal loan (1000). My dillema is shall I apply for a loan over 3 years, payments then work out at about 270-330 permonth or re-mortgage on my house for 8000 - 9000. My house is worth approx 210,000 with balance of 163,000, repayments 765 per month, following re-mortgage , i think re-payments following re-mortage would work out at about 810-820 mark.
I need a loan as I've little savings - all tied up with SSIA.. roll on next 3 years..
Any thoughts / advise welcome.
I need a loan as I've little savings - all tied up with SSIA.. roll on next 3 years..
Any thoughts / advise welcome.