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What else can I help you with?
What happens to the monthly payment and total payment for a loan with a lower annual interest rate?
If a loan has a lower annual interest rate, the monthly payment will be lower and the total payment over the life of the loan will also be lower.
If you are late on your loan payment and are a cosigner on your daughters car can they repposses the car?
If you are late on your loan payment and are a cosigner on your daughters car can they repposses the car?
Can i refinance car loan with another down payment?
If you refinance a car another down payment is usually not required. I refinanced a car to lower to payments and it added another year to the payoff date of the car. I wasn't required to give a down payment.
What is meant by car loan payment?
When an individual is purchasing a car it is usually acquired by getting a car loan. A car loan payment refers to the payments one makes to the loaning company or bank.
Is there an example of a car loan payment calculation online?
Yes, there are examples of car loan payment calculators online. One online place to find a car loan payment calulator is Bank Rate. This will allow you to see you estimated monthly payments.
How can I trade-in a car with no down payment?
You can trade in a car with no down payment by negotiating with the dealership to roll the value of your current car into the new loan. This may result in a higher monthly payment or longer loan term.
Do the car loan payment calculators calculate interest of the car?
Yes, car loan payment calculators should calculate interest of the car loan. They will most likely ask you to enter the interest rate, so they can include interests in their calculations.
Does the car down payment go towards the principal of the loan?
Yes, the car down payment typically goes towards reducing the principal amount of the loan.
What are the best loans to get for car insurance?
This depends on what is best for your financial situation. If you have more money at the time of purchase, you can make a bigger down payment and get a loan with lower payments. However, if needed, you can get a larger loan and pay more per payment.
What if you co-sign for a daughters car loan?
Then you are responsible for the payment if she misses a payment.
What is a loan payment calculator used for?
A loan payment calculator is used for helping you to calculate a monthly payment for any type of loan. You can use it for a mortgage, car, boat, cottage, etc.
How can you lower your monthly car payment?
You can lower your monthly car payment by making a larger down payment, so that you borrow less money in total. You could also choose the loan with the longest term, for example, paying $250 per month for five years instead of $417 per month for three years.
