Postulating .....
I'm within striking distance of paying this thing off. If I keep on my current schedule, I'll be done by next March at the latest. I could kick it up another few bucks a month and be done by December. I could just pay the balance, but that would be a knock on the checking account.
But I just got some 'convenience checks' in the mail from one of my CCs. 4% fee on whatever amount I use, but no interest until 7/23.
Interest rate on the loan is 2.74 which should be going to 3.24 in the next few days due to the Fed Hike. At the new rate, the monthly interest will be around $10-15/mo, or about $100-$120 if I run until March. Balance transfer fee would be in the $75-80 range.
Is the $25-30 (or so) savings worth the transaction? The bonus is that I could cut my monthly obligation in half and have another few months to pay it off with no interest.