whats a down payment usally run on a 45,000 dollar loan????
whats the average interest
The interest rate is usually determined by your credit history and the current market.
As for the loan, some require down payments, some don't.
Your monthly payment will be determined by the interest rate, the total amount of the loan, the down payment (if applicable) and the length of the loan.
If the loan is for 45,000 and you have 8% interest rate, the interest on the loan would be $3,600. This makes the total loan 48,600.
If you divide it over 60 months, your monthly payment would be approximately $810.00 a month.
But I can only guess because I don't know what you are trying to purchase or in what time period.
A house payment will also have PMI and house insurance included.
A car loan is a little more straight forward.
by remobush 9 years ago
My self remo I have started new small business in Hartsville, SC, USA My job is transporting type job I need a car but right know I unable to pay cash amount that’s why I decided to take a car loan but I don’t know nothing about car loan I need help about car loans, interest rate and down...
by Shepherd's Lamb 20 months ago
I just want to discuss what's going on in my little head right now and hope to hear from those of you more educated on the subject.I qualified to buy a condo in 2004 (six years ago). I paid $6,000 cash for closing. Two years later I refinanced to get into a fixed interest rate of 5.5%...
by paulworstell 6 years ago
if I obtain a 1000 dollar loan do i have to pay it in one payment
by remobush 8 years ago
How can I get a bank auto loan without a good credit when you have a limited credit history?
by MissMelissaK 4 years ago
Is the dealership trying to rip me off?I would like to buy a 2013 Chevrolet Spark. The sticker price is $14,300. He told me that it's only a couple of hundred above invoice. According to truecar.com that is not true. Also, they offered me two scenarios with bad credit. ...
by unmatchable 8 years ago
where can someone borrow 50,000 to consolidate debt, and have a monthly payment plan to pay back tha
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