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The only way I know is to buy a calculator that can figure interest rates. If you have a friend who is an engineer he probably has one.

You can also keep the math simple. If you were to finance a vehicle for $12,000 @ 60mo with no interest or 0% your payments would be $200 a month. At $18,000 they would be $300, $24,000 = $400. Now depending on your current credit situation you will typically want to add anywhere between $45-$85 per month for interest. If you have really bad credit then good luck, you will be looking at substantial interest charges.

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โˆ™ 2015-07-15 18:26:12
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Q: How can you figure out if the quoted APR and payment are correct?
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