How much extra $ is it to finance a car? (interest) How much is tacked on in the end?
How much extra do you end up paying if you finance rather than buy it outright? Is it above $ 500?
Finance best answer:
Answer by R T
If you buy it outright, you are making a cash purchase and there is no interest.
If you finance it, the amount of interest depends on how much you borrow (finance), the interest rate and how long you take to pay the money back. In most cases, it will be well over $ 500. The lender can print out an amortization schedule for your proposed loan or you can find loan amortization calculators online.
Finance
International Finance Centre II
Image by beetlej
Hong Kong's bigest with 365m
Orignal From: How much extra $ is it to finance a car? (interest) How much is tacked on in the end? and International Finance Centre II
No comments:
Post a Comment