Posted by Notjustair on March 01, 2015 at 18:30:51 from (70.195.20.36):
In Reply to: truck loan posted by 1955 950 on March 01, 2015 at 17:09:25:
The home payments are a deduction on taxes but vehicle payments are not (at least for me). I would get that vehicle payed off. I do it and then if something comes up and I need quick cash my credit union just has me borrow against the paid off pickup. You will also need to start planning on paying taxes for the property when it gets paid off as right now they come out of escrow. Clearly you will have the extra cash because you aren't making payments, but it is something to remember in a couple of lumps a year.
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