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Feb 10, 2016
7:02
:51
pm
buckeyecougarguy
All-American
It's a long term large student loan an a .25% reduction with auto payments
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buckeyecougarguy
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buckeyecougarguy
Joined
May 21, 2010
Last login
Apr 30, 2024
Total posts
11,688 (31 FO)
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Messages
Author
Time
Loan question. We accepted automatic withdrawal to lower interest rate. My wife
buckeyecougarguy
2/10/16 6:52pm
She is correct.
Tokolosh
2/10/16 6:57pm
However, if the rate is lower for doing their auto pay...
Tokolosh
2/10/16 6:59pm
Unless your repayment term is VERY short, any benefit will be pretty small
Non-mo Coug
2/10/16 7:00pm
It's a long term large student loan an a .25% reduction with auto payments
buckeyecougarguy
2/10/16 7:02pm
btw. a $100k , 10yr note at 5% paid 2 weeks early saves you around $300
boogers
2/10/16 7:50pm
Keep the loan on auto payment to get the interest rate deduction, and just add
blackandblue
2/10/16 8:39pm
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