If i were to refinance my house and car together will the car come off if i decide to but a home again?

Gladys
Or will the car remain on the payments?

Chloe
I don't think that your house loan and car loan are going to be separate. You will have one lump some and they won't separate them it you decide to refi or buy another house.

Fredia
I don't think you can refinance your house & car on the same thing. Your house is a mortgage. You cannot add a car on it.That would be like adding on the furniture payment for the new furniture you just purchased.You could have a bank loan for the car by itself. Or if you have enough equity in the house, you could borrow on it & pay the car off.

Larry
Would you be selling the house before buying the next one? Is the house going to keep appreciating? Will you have any equity left for the down - payment of the new house after you refinance?You are actually taking equity out of your house to pay off the car. Instead of having two payments you have one payment. Your asset shifted from the house to the car, and of course, the car does not appreciate with time.