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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?
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.
Where can one get no down payment auto insurance?
Two of the most popular place to get no down payment auto insurance is from Cars Direct and the General. Both offer the same service with competing prices.
From where could one obtain low down payment auto insurance?
One can go to local car dealers to see if they offer low down payment auto insurance. One can also go to websites such as Cheap Insurance Outlet, CarsDirect, and Free Insurance Quotation in order to obtain low down payment auto insurance.
Do auto loans from GMac require a down payment?
GMAC was set up in order to provide financing for car buyers through their network or dealerships. In order to make make an auto loan from GMAC the individual would need a down payment.
How do you use a mortgage calculator to figure your necessary down payment?
A mortgage calculator will allow you to put in the amount that you wish to borrow from the bank along with the interest. It will then tell you the monthly payment. The monthly payment will adjust as you increase or decrease the amount of the down payment.
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.
How can I find the necessary down payment for a car purchase?
To find the necessary down payment for a car purchase, you can save money from your income, sell items you no longer need, or consider borrowing from a family member or friend. Additionally, you can explore options like taking on a part-time job or cutting back on expenses to save up for the down payment.
Can you change the down payment amount before closing?
Yes, you can typically change the down payment amount before closing on a house by discussing it with your lender and making the necessary adjustments to your loan agreement.
Can a private auto seller renege after receiving a down payment?
Not without the buyer's consent if a contract was already formed
Is it easier to get an auto loan with a large down payment?
yes,if its low it will take your whole life paying it off
What is a down payment?
a portion of the purchase price that is paid as a condition of getting a loan. In other words, it is the first payment in installment buying.
What does a loan calculator auto do?
Assuming you mean "auto loan calculator," you can enter the purchase price of a vehicle, estimated interest rate, length of the loan, and down payment amount. The calculator will calculate what your monthly payment will be based on the terms provided.
