Is an Auto Loan or Home Equity Loan Best For Purchasing A Car?

A different car-financing option could lead to more savings 

When it comes to financing a vehicle, a home equity loan could save you money compared to an auto loan. Home equity loans often have lower interest rates than auto loans and the interest may be tax-deductible. Use this calculator to compare your options. 

Financial Horizons Credit Union is a full-service financial institution with four locations serving the communities of Elko, Fallon, Fernley, Hawthorne, Lovelock, Tonopah, Winnemucca and Yerington, Nevada.

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