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How does the down payment affect the monthly payment amount when purchasing a car?
The down payment on a car reduces the amount of money you need to borrow, which can lower your monthly payment amount. A larger down payment typically results in a smaller monthly payment, while a smaller down payment usually leads to a higher monthly payment.
Monthly payment on 217000 30yrs at 4.5 percent What would the monthly payment be?
Want to know what our monthly house payment will be owing 217000.00 on a 30 year loan at 4.5%
What does monthly periodic payment means?
a monthly periodic payment is a payment made each month at a specific time each month. This can either be a payment made to an individual such as an annuity payment, or a payment made from an individual such as a loan payment.
How can I calculate the monthly payment with APR?
To calculate the monthly payment with APR, you can use the formula for loan payments: Monthly Payment P r(1r)n / (1r)n - 1 Where: P Principal loan amount r Monthly interest rate (APR divided by 12) n Number of monthly payments Plug in these values into the formula to find the monthly payment amount.
What is the maximum percentage of a borrower's income that can be used to make the monthly mortgage payment called?
Debt to income ratio
What is the payment name for the monthly amount due for rent?
The payment name for the monthly amount due for rent is called "rent payment."
How does the down payment affect the monthly payment amount when purchasing a car?
The down payment on a car reduces the amount of money you need to borrow, which can lower your monthly payment amount. A larger down payment typically results in a smaller monthly payment, while a smaller down payment usually leads to a higher monthly payment.
Monthly payment on 217000 30yrs at 4.5 percent What would the monthly payment be?
Want to know what our monthly house payment will be owing 217000.00 on a 30 year loan at 4.5%
When a borrower makes a regular monthly payment to their primary mortgage the amount of the payment that is applied by the lender to reduce the outstanding balance is called what?
PRINCIPAL :)
What does monthly periodic payment means?
a monthly periodic payment is a payment made each month at a specific time each month. This can either be a payment made to an individual such as an annuity payment, or a payment made from an individual such as a loan payment.
When you pay the full payment of a phone do you have to pay the monthly payment too?
If you want service you will pay a monthly bill.
How can I calculate the monthly payment with APR?
To calculate the monthly payment with APR, you can use the formula for loan payments: Monthly Payment P r(1r)n / (1r)n - 1 Where: P Principal loan amount r Monthly interest rate (APR divided by 12) n Number of monthly payments Plug in these values into the formula to find the monthly payment amount.
What can affect your monthly car payment?
Interest and down payment.
Pams monthly food budget is equal to 40 of her monthly rent payment If her food budget is 200 a month how much is her rent payment each month?
Pam's monthly rent payment is $500.
What would happen to a monthly payment if the interest rate increased?
Either the monthly payment would have to increase or the period of the loan.
What is the monthly payment of a bugatti?
vaginas
What is the maximum percentage of a borrower's income that can be used to make the monthly mortgage payment called?
Debt to income ratio
