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Q: What is the total amount you would pay for a new car if the monthly payments are 269 for 5 years?
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Can you buy a home with a low income?

The answer would be yes, depending. A good rule of thumb is to calculate 43% of your gross income. Then, subtract your monthly payments (credit cards, installment loans and such). You'll be left with a figure that should be close to you eligible amount for a total monthly mortgage payment (principal, interest, taxes and insurance). It would be wise to ensure that even if my calculation allows this total monthly payment to be over 31% of your gross income, that you try not to take a mortgage payment over that amount. Many do, but it stretches them financially.


What would the average monthly payments be on a house that is 79000?

The average monthly payments on a 79,000 dollar house will depend on the interest rate you have and how much money you have put down. It will probably average around 500 dollars a month.


How can you decrease your monthly mortgage payments?

One of the easiest ways is to refinance especially with how low rates are today. For example, a 300,000 mortgage at 5.5% for 30 years would have a monthly payment of $1703.37. But if you refinanced at 4% for the same amount and term, your payment would only be $1432.25. That is nearly $300/month is savings.


What are the monthly payments on a 30 year fixed rate mortgage at 5 percent?

This would depend on the principal balance of the mortgage.


How much extra payment toward principle would you have to make to pay off 30 year loan with 128000.00 remaining on loan making bimonthly payments at 6.42 interest in 5 years?

To pay off $128,000 in 5 years at 6.42% interest you would have to pay almost $30,000 a year ($29,996.08 if my calculations were right). Monthly payments would be $2499.68, so I suppose bimonthly would be $1,249.84. You did not say what your current payments are or if they are monthly, but you would have to specify that anything over your current payment would have to go to principal.

Related questions

How do you count annual Mortgage?

Annual? Most people would make monthly mortgage payments. If your want to know what the total payments would be annually, just multiply by 12.


What would your monthly payments be and for how long?

Iy would be veru long


Can you buy a home with a low income?

The answer would be yes, depending. A good rule of thumb is to calculate 43% of your gross income. Then, subtract your monthly payments (credit cards, installment loans and such). You'll be left with a figure that should be close to you eligible amount for a total monthly mortgage payment (principal, interest, taxes and insurance). It would be wise to ensure that even if my calculation allows this total monthly payment to be over 31% of your gross income, that you try not to take a mortgage payment over that amount. Many do, but it stretches them financially.


What would be the monthly payments on a car finance of 32000 be over 4 years?

The amount for monthly payments on a car financed for $32,000 for 4 years will depend on the rate of interest that is charged. Banks might charge more interest to a person that has good but not excellent credit history.


What is the prorated amount of a monthly bill of 1231.50 for 8 days of service?

The prorated amount of a monthly bill of $1231.50 for 8 days of service would be $328.40. You get this by dividing the total amount by 30 days and then multiplying that amount by the eight days.


What does a student loan consolidation interest rate determine?

A student loan consolidation interest rate determines the amount of your monthly payment on your student loan. Higher interest rates would result in higher monthly payments.


What would I need a mortgage amortization calculator for?

The mortgage amortization calculator is for working out your monthly mortgage payments. It will also calculate into the equation when and if you make extra monthly payments on your mortgage.


Can you get a loan if you are out of work?

If you can prove the ability to make the monthly payments or have collateral then yes. It is most likely that you would have to either own a large amount of paid for property that you could sell if you werent able to make the payments, or you would need a cosigner who would be willing to accept responsibility for the debt.


What loan conditions would result in higher monthly payments?

Higher interest rates.


How much would you pay on a car when the monthly payments are 269.00 for 5 years?

16140


Does a wife have to pay taxes on the allowance given monthly by husband?

If the monthly amount is supposed to be ALIMONY payments YES the monthly Alimony payment amounts would be taxable income to you on your own 1040 income tax return. If you are still married and filing a married filing joint income tax return all of joint worldwide income would be reported on the MFJ income tax return and the monthly allowance from your husband would just be and amount from the after income tax funds that were reported on the MFJ income tax return.


What is a program that provides monthly payments to the elderly disabled and unemployed?

i would say Social Security