Do I need additional capital repayment on my car loan or mortgage first?
Okay, I mean an annual surplus of budgeting money. I gave $ 1500 a year to go to the depths of paying loans. I have about $ 9000 on a car loan with about 3 years to 8%. I also have a $ 170,000 mortgage with 30 years at an interest rate of 6%. No credit card Schulden.Soweit total savings would go to pay it not wiser to the first mortgage in principle? Right?