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URL:  http://boards.fool.com/ajsunwest-would-have-to-drop-their-rate-to-30289686.aspx

Subject:  Re: 09/17/2012 update Date:  9/28/2012  8:37 PM
Author:  401kinvestor Number:  306005 of 308782

aj......Sunwest would have to drop their rate to 2.49% for it to save you any money at all to refinance. And even then, it would save you less than $50. And if you take less than 60 months to pay off the loan, it would probably cost you money to refinance.

I asked Sunwest for the best possible rate they could give on 60 months with Excellent credit they gave me 2.49% on 60 months because I also was a repeat borrower from the previous car and paid them off. I took the offer and now have a biweekly payment which makes me alot happier. My fico score is 807. I cancelled the Gap policy with AZFCU which I can put on the balance and paydown. The new balance on the car is $ 13594.04. The cost of Gap is $295.00 which protects me god forbid I'm in a another total loss. The new pmt $111.48 every two weeks.
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