u/scream4cheese

Bought a car last summer and I still owe about $18,000. Interest is 4.99%. $518/month for 48 months with 40 months left on the loan. I have been paying an extra $400 instead principle for a few months but stopped recently. I hate paying it every month to know I can save an extra $518. Also planning on buying a house this year or by next year. I have less than $100grand saved up. I make about $6k a month. Should I dip in that savings to pay off the car or at least a more portion of it even though the potential plan on owning a home?

Bought a car last summer and I still owe about $18,000. Interest is 4.99%. $518/month for 48 months with 40 months left on the loan. I have been paying an extra $400 instead principle for a few months but stopped recently. I hate paying it every month to know I can save an extra $518. Also planning on buying a house this year or by next year. I have less than $100grand saved up. I make about $6k a month. Should I dip in that savings to pay off the car or at least a small portion of it even though the potential plan on owning a home?