Mortgage, Cars, Student Loan Should I Consolidate?

M G asked:


I have mortgage payment, two car payments and student loan. I don’t know anything about refinancing and I was wondering if I should consolidate my mortgage, two car payments and student loan.
I still have 4 more years for my cars and $50000 of student loan.

Darlene

Tags: Car Payments, Mortgage Loan, Refinancing

This entry was posted on Thursday, July 30th, 2009 at 12:52 pm and is filed under Mortgage Loans. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “Mortgage, Cars, Student Loan Should I Consolidate?”

1. va Says:
   August 2nd, 2009 at 2:51 am

   Pauline

   It all depends on what the payments and interest are as well as your credit. If you have good credit than you would be better served by consolidating the debts and then taking the monthly savings and apply that to either paying down the mortgage or investing (investing being the greatest priority) you can go to to find out if there would be a benefit for you to consolidate.