That depends on the amount borrowed, the interest rate, fees and the length of the payback period.
10455.00
A pre approved car loan is a loan where the car dealer or banks have already run your credit. They have determined how much money they will lend you and what you can afford to buy.
The easy-to-use auto loan calculator helps car buyers plan monthly car loan payments. Calculate car financing and car payments in advance to make a smart decision on how much you might owe each month.
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Since the car is financed, it already is collateral for a loan. Your car loan uses the car as collateral for that loan. I think the only way for you to use the car as collateral for a different loan is to have the NEW lender pay off your car loan, tack the ammount of the car loan on to the new loan you are getting, therefore they would then be the leinholder on the car.
10455.00
A pre approved car loan is a loan where the car dealer or banks have already run your credit. They have determined how much money they will lend you and what you can afford to buy.
One man had bad credit and had to pay 27% interest on his loan. Yes, he got a car loan. He did not get a 7% loan. You can probably get a car loan. There is no telling what percent you will have to pay and how much down payment you will need to put up.
You can find a a car amortization calculator at www.bankrate.com/calculators/auto/auto-loan-calculator.aspx.
The easy-to-use auto loan calculator helps car buyers plan monthly car loan payments. Calculate car financing and car payments in advance to make a smart decision on how much you might owe each month.
8888888888888888888888888888888888888888888888888888888888888888888888888888888888888
Since the car is financed, it already is collateral for a loan. Your car loan uses the car as collateral for that loan. I think the only way for you to use the car as collateral for a different loan is to have the NEW lender pay off your car loan, tack the ammount of the car loan on to the new loan you are getting, therefore they would then be the leinholder on the car.
No, it is not possible. Your previous loan must be completed to get a new car loan
All banks that offer loans, whether it be a car loan, business loan, or house loan, also offer a payment calculator which helps determine how much someone can afford to pay.
(car loan * APR + car loan) / 12/ amount of years. i think
Depending on the terms of the loan and the loan amount, the rate can very from 5.75% for a 3 year loan to 4.829% for a 5 year loan. The age of the car may also be a factor in how much interest you will pay.
When one is deciding how much of a car they can afford, they usually apply certain variables from a loan calculator. These variables are, loan amount, interest rate, loan term and repayments. Using these variables will help make a decision in deciding which car to buy.