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Wednesday, October 21, 2009

Should I payoff my 401k loan with an unsecured debt consolidation loan with nearly the same rate?

My 401k give devise is the bound remuneration plan, compensate no some-more or no less. we owe rounded soured K w/ 8% int. (home loan) with 6+ some-more years to compensate off. The debt converging give is for 8.99% for 5 yrs. One premonition ofcourse, is if we skip only 1 remuneration rate crapper regulate as gangly as 27.99! Gotta go w/ autopay deductions.
Doing this module give me some-more take home pay, though is it value it?


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