Posts Tagged ‘Refinancing’

How can I save money refinancing my auto loan?

I guess I am asking how does a refinanced auto loan work.

Obviously you have your initial loan plus interest. But when you refinance does that equal: Your initial load plus the original interest plus the new interest? Or your initial loan plus just the new interest?

Thanks

In refinancing my home, how does it work if I consolidate my car payment along with it?

How would my car be tied into the loan?

What short term effect would the refinancing of a defaulted student loan have on my credit rating?

I recently consolidated a defaulted student loan and need to purchase a new vehicle. Approximately how much of an impact on my credit score will the consolidation have the day after it hits my credit report? I’m just curious if anyone could ballpark the number of points it could jump, with no other factors considered.

We are separating and my husband is refinancing the house in his name. What happens if we reconcile later?

Would I have any rights to the house if we reconcile and I move back in? Would we need to refinance again to add my name back on the deed? What are the tax implications?

What to do if I am refinancing and my mortgage company goes out of business in process of my loan?

They took my application/appraisal fee on my credit card and then 2 days later said they are closing up. They didn’t do the appraisal yet.

How long should you wait before refinancing on your home?

We have only been living in the house from a couple of months. I understand about waiting to see if the rates are lower than our original but do we need more equity in the home? Or do you just need the rates to be lower? And how much of a difference would it make if say there was a 1/2 of a point difference? Thanks for the help in advance

Is refinancing my 2008 Toyota suv that I bought brand new considered a new auto refi or used auto refi?

I am paying 6.8% now, if I refinance it would be 5.4%.