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I had gotten into an accident that totaled my car right as I was purchasing a house. Which led to a predicament because you don’t want to buy a new car while buying a house. Shortly after buying ...
Paying off a car loan can potentially lower your DTI and ... Many mortgage lenders prefer a DTI of less than 36%. Buying a home is a significant financial commitment, both for you and the mortgage ...
but often the house you would buy as an investment is different than the one you would buy to live in.” “If you need a car to travel to/from work, then the car makes the most sense to be your ...
Hey Justin – Sorry to hear about your car, those big repairs always feel like a gut punch. As for house versus car, there are ...
But if you have an auto loan and are thinking about refinancing, a common question is, "Should you refinance your car before buying a house?" Refinancing a car loan involves replacing the original ...