how much will payments be
how much payments be for Kia Sorento 2008 milage 49,347, cost 12,995
2 Answers
aztec626bf answered 12 years ago
Depends on several factors........interest rate, amount of down payment, credit rating, trade in?, term ie., 3, 4, 5 or 6 year loan. I calculated a loan for you with no down for 6 years and 7.5%. Your payment would be $227 per month. Same loan with $1000 down would be $210 per month. If you repost with all the above info. I can give you an exact number.
Aztec is right. Here's a good calculator where you can type in those parameters and see not only your monthly payment, but your amortization over the life of the loan, if needed. Let me know if you have any questions. http://www.fromcartofinish.com/AutoLoanCalculator.aspx?pgID=NTc=&paID=Nw== Mike www.fromcartofinish.com