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Marias new house cost 235000 The down payment was 0.5 of the cost of the house How much was the down payment?
47.000
My hearing aids cost 3000.00 and i have to put two thirds of a down payment. How much money do i have to put down?
Two-thirds of $3,000.00 is $2,000.00. You would have to pay $2,000.00 as the down payment.
What is a down payment on car insurance and how does it affect my overall premium cost?
A down payment on car insurance is an initial payment made when purchasing a policy. It is typically a percentage of the total premium cost. The down payment affects your overall premium cost by reducing the amount you owe upfront, but it does not impact the total cost of the policy.
What is the minimum down payment required for a car purchase with a 50 down payment?
The minimum down payment required for a car purchase with a 50 down payment is 50 of the total cost of the car.
How does a car payment calculator work?
Car Payment Calculators estimate the monthly payment you'd be required to make based on the cost of the automobile, your down payment, and interest. Once you enter the cost of the vehicle, your down payment, your interest rate and the length of your loan, it will give you an estimate on what your monthly payments would be. There is a helpful calculator here: http://www.bankrate.com/calculators/auto/auto-loan-calculator.aspx Hope this helps.
Average cost of a monthly car payment?
The average cost of a monthly car payment is $250. Of course the actual amounts will differ depending on the value of the car, and the amount of the down payment.
What do you mean by down payment?
When purchasing an item, if it cost a large amount of money, you would be required to pay part of the cost up front. Such as when renting an apartment, you need to put down a deposit. Same idea.
The capital cost reduction on a vehicle lease is?
A: Like a down payment on a house
Do I need a down payment if I trade in my car?
Yes, you may still need a down payment when trading in your car, depending on the value of your trade-in and the cost of the new car you are purchasing.
What kind of down payment is needed for a home loan?
The average down payment for a home loan is often twenty percent of the purchase price. For example a down payment on a home of $200,000 would be $40,000.
How does the down payment affect a mortgage?
A down payment will reduce the principal borrowed which lowers your monthly payments. A large down payment may also help lower your interest rate and may help you avoid paying PMI. If, for example you were buying a $200,000, at 5% for 30 years, the payment would be $1073.64 per month. If you put 10% down, or $20,000, your monthly payment would be $966.28 and you would save about $20,000 in interest.
What is a down payment on a house?
Most people borrow money from a bank when they want to buy a house, but they usually do not borrow 100% of the cost of the house. They usually do have some money to apply toward the cost of the house, and that amount is called a down payment. So to buy a house costing $200,000 a person might make a down payment of $50,000 and then borrow the remaining $150,000.
