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Old 07-30-2006, 09:58 PM   #1
Kerplunk105
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Join Date: May 2006
Location: Langhorne, PA
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Car Finance Question



Okay. My Mom owes $28,000 on her current car. She wants to get a new car that's $22,000. Her current car is worth $14,000 according to KBB.

She only wants to put down $1,000 on the new car. Her current monthly payment is $538.


So...any idea on what her monthy payments may be-say 72 months at say 8% interest?

Thanks
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