Not only rates but your local credit union usually has longer terms which results in a lower pmt. If you have some $$ on deposit at your current bank, most will use that as collateral and usually charge from .25%-2% above the rate they are currently paying you on your deposit and will stretch your pmts as long as you want for the pmt you want. This would result in you having the title free/clear which makes it a little easier when it comes time to sell. Good luck!!!Brad
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