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Underwater on loan

Discussion in 'Car loans' started by Tsmooth, Feb 17, 2018.

  1. Tsmooth

    Tsmooth Guest

    How do I get out from under horrible loan. Is my only option to roll that difference into a new loan ? YIKES
     
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  2. Charlessow

    Charlessow Guest

    2 Get loan with 21 down payment we can manage that, but for a 15 year period at 4 interest.

    I want to know if option 2 is a good one. If not for it, the only way we have is to let go of the house. We already have the escrow amount paid, so I am not sure if it will refunded. We went into contract a week ago.
     

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