Self-preservation synonyms and Self-preservation antonyms. Top synonym for self-preservation (another word for self-preservation) is self-protection. Search for synonyms and antonyms
You could now refinance the balance of your car loan at 3 percent and lower your payments to about $445 a month for the remaining three years. That's a savings of $80 a month and $2,880 over the life of the loan.Other examples could be even more dramatic.hen interest rates drop, refinancing your car loan could save you thousands of dollars. Say you bought a new car two years ago and there were a few dings on your credit. You might have been charged 9 percent on a five-year loan for a $23,000 car.
Best Answer: refinancing is simply getting a new loan and using it to pay off your old loan. For example if you owe $150k on your current mortgage, you shop around for a new loan of $150k.When you get one, you use the money to pay off the old loan.here are fees for a refinance so if your goal is to lower payments your new interest rate should be at least 1% lower than your current loan and you have to plan to keep the home for at least 7 years to make it a good deal. Otherwise your fees are more than your savings.