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Originally Posted by gc24  Maybe I am looking at this all wrong. I am buying it Not as a home to live in and I am retired. I might as well pay for it outright and forget the interest charges and hassle of the whole thing. |
We'd be interested in knowing what you decided to do here. Otherwise debt-free, we did not hesitate to finance our Interstate in 2007 and haven't regretted that for a moment.
We recently re-financed through a credit union at 5.5%, dropping our loan by several years. The banks couldn't come close to this rate, and "joining" the credit union required $25 into a savings account there, period.