car loan calculator, Refinancing A Car Loan news.

Mar 21, 2011 by Kristen Paris | Posted in Investing

Assume that you have saved up $5,000 for a down payment on a car. Assuming that you can afford a
payment of $325 per month, how much can you spend on a car if the interest rate is 5.75% and you
will finance your purchase with a 5 year, monthly

$21,912.31 minus tax, title, and fees (10% to be safe) = $19,721.08 for a 5 year note. Find PV?, if n=60, i=5.75/12, PMT= -325, FV=0. PV + $5,000.00 = $21,912.31. It also depends on the finance calculator for the interest function.

I edited

Mar 23, 2011 by Outlaw Jfjfjfjf | Posted in Buying & Selling

Im a first time car buyer. And im 21 years old and im going to a guaranteed credit approval dealership. im making about 900 a month n looking to get a car. I just wanted to know what would be the max interest rate they could give me in maryland and in

Mar 21, 2011 by Erika | Posted in Other - Business & Finance

You borrowed $17,500 to buy a car and your monthly payment is $360.31 per month for 60 months.
What nominal annual interest rate are you paying on the loan?

Please help me, thank you so much!

Erika,

8.65% is your interest rate + or - a 100/th of a percent.

Car Buying Tip: Interest rates are and can be negotiated with car dealerships. You should shop around for your best rates!