Should I do the Home equity thing?
Posted in Other - Business & Finance on 05/12/2009 06:02 am by adminjvd466 asked:
I have a second Mortgage of 33K at 7.5%. Open credit limit. Car loan 20K at 7.1% 6 years left .Visa 13K-13%. This will last forever.School loan 6,500 6.9%. Should I borrow 100K at 5.99% for 15 years and pay off all creditiors and put the balance on my morgage that I owe 50K with 7 years left?
ANTON
I have a second Mortgage of 33K at 7.5%. Open credit limit. Car loan 20K at 7.1% 6 years left .Visa 13K-13%. This will last forever.School loan 6,500 6.9%. Should I borrow 100K at 5.99% for 15 years and pay off all creditiors and put the balance on my morgage that I owe 50K with 7 years left?
ANTON


