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It is better to finance an auto purchase with a high down-payment and a low monthly payment, because it is less likely for you to fall behind on your payments and acquire debt.

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โˆ™ 2011-07-20 18:36:15
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Q: Is it better to finance an auto purchase with a small down payment and high monthly payments or high down payment and small monthly payments?
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Can you purchase auto insurance 1 month at a time?

You are going to have to put down a down payment and then you can finance the rest and pay in 9 or 10 monthly payments. It reall depends on the insurance company.


What are your monthly payments?

Monthy payments are payments you make every month, like a house payment, loan payment, water, electric, gas (for heating), phone, insurance if you pay monthly, etc.


What does the down payment on a used car pay for?

It is applied directly against the purchase price of the used car. The more you down payment, the less owed and the lower your monthly payments will be.


You purchase a car making a down payment of 3000 and 6 monthly payments of 225 How much have you paid so far for the car?

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If you purchase a car for making a down payment of 3000 and 6 monthly payments of 255 How much have you paid so far for the car?

Uhh $4530


What is a semi monthly payment?

That means two payments per month.


How do I calculate my monthly car payments for it?

This is a very good website to calculate the monthly car payments: http://autos.aol.com/calculators/car-payment-calculator/ or http://www.carmax.com/enus/car-payment-estimates-calculator/default.html


What is the difference between finance lease and installment paying?

When you enter into a retail installment sales contract for the purchase of a vehicle, your down payment and your monthly payments go toward the total purchase price of your vehicle. When you have paid off the financing, you own your car. When you lease a vehicle, you make payments to use the vehicle over the term of your lease. However, you don't own your car. At the end of your lease, you return it to the lessor.


What is the difference between a mortgage and monthly rent?

Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.


You had a credit card with Household Bank that went into collection you've been paying the collection company every month for 2 years but your balance keeps going up what can you do?

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need a used car loan my credit score is 570 i need low monthly payments of nomore than $250.a mo i h?

need a used car loan my credit score is 570 i need low monthly payments of nomore than $250.a mo i have $500. down payment will anyone finance me


Two Ways To Finance?

Vehicle financing can be done two ways. You can go to a buy here, pay here car dealership that will sometimes report to credit agencies. If you have good credit, you can finance a car at a larger dealership. Small buy here, pay here lots require a smaller down payment and the monthly payments are not as expensive. You have a choice of when you would like to make your payments during the month depending on how you get paid. Larger car dealers can offer specials to customers on down payments and monthly payments. They will definitely make a report to a credit agency, and the payment will be due at a certain point in the month.


Lower Your Payments?

Most banks and car dealer websites have an auto refinancing calculator that customers can use to recalculate their monthly payments. If you have been making more than the required monthly payment, you can most likely get your monthly payment lowered. The interest may be the same or a bit lower if you have been on time with your payments. Be sure to enter all of the information into the calculator correctly so that you have the most accurate payment information.


What are the benefits of using a rent to buy purchase plan?

Using a rent to buy purchase plan is beneficial if you do not have a large down payment to purchase a home. Typically, the owner of the home holds the mortgage and one would make monthly payments to them.


Reduce Costs On Mortgage Payments?

Mortgage payments are typically paid monthly, making 12 payments per year. However, if one extra payment is made each year, thousands could be saved in interest alone and the loan repayment period shortened by years. One easy way to accomplish this is by changing the frequency of payments. Instead of making one payment a month, pay half the monthly amount every two weeks. Another option is to pay a small additional amount over the monthly payment every month that equals approximately 1/12th of the monthly payment. By the end of 12 months, an extra payment will be completed.


How helpful is a mortgage calculator for estimating a down payment?

The calculator lets you plug in various down payment amonuts to see what your monthly payments will be. This will allow you to determine the proper amount for a down payment, and the peace of mind to know that you can afford the monthly payment.


Will a loan auto calculator help you figure out your monthly payments?

A loan auto calculator is made for precisely that, figuring out your monthly payments. They are straight forward to use and clearly state exactly what information they need to calculate your monthly payment.


Does Dragon Fable do monthly payments?

No, the payment is one time only and the upgrades last forever.


Identify the travel card policy that will enable him to make monthly payments?

Reduced payment plan


Can I use a monthly payment calculator to find out how long it will take to pay off my mortgage?

A house is the largest purchase most of us will ever make so it's important to calculate what your payment will be and how much you can afford. The mortgage calculator will show you how much your monthly payment will be. It can also show the effect of adding extra payments. Watch our "How To" video on how to use the mortgage calculator.


Alternative Payment Frequencies?

Alternative Payment Frequencies Use this calculator to determine your payment or loan amount for different payment frequencies. You can make payments weekly, bi-weekly, semi-monthly, monthly, bi-monthly, quarterly, semi-annually or annually. You can then examine your principal balances by payment, total of all payments made, and total interest paid.


Does the i touch have a monthly payment?

No, there is no monthly charge for having an iPod Touch, but becareful of the apps that you might purchase from the AppStore.


How can I estimate my car payment?

You can calculate this on a monthly loan calculator, available online. You must input information and it will give you an estimate of your monthly loan payments.


What is the answer to - a television has a cash price of 1250 When sold on hire purchase the interest charged was 20 percent What is the down payment if a customer makes 24 monthly payments of 53.50?

The type of loan would need to be a consideration but the down payment would be about $200.


Where do you mail your DISCOVER credit card payment?

There should be an address to mail payments to - on the reverse of your monthly statement.

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