Jump to content

Financing rates have dropped

Edgy Girl

Recommended Posts

We got 1.9% for 48 months, which i consider practically the cash price. 0% would of course be nicer, however the cost per month would be quite a bit higher for 24-36 months. Payments right now are about $677 a month for about 31.25k - for the same total loan price at 0% the 24 and 36 month alternatives would have been 1302 and 868, those are pushing on some high prices (although the 36 is ok) given other costs per month! If you have a good downpayment who knows. I personally am fairly happy, to start with i pay on $50 a month in interest, and average $25 per month, $1200 total interest if i only pay the minimum, which wont happen - these are numbers i am more comfortable with i guess.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Create New...