The first BIG purchase many people make is when they buy their first car. This calculator will help show the impact of many of the biggest factors people need to consider when taking out their first loan for a big purchase.
If you have used our Credit Card Payment Calculator to see how minimum payments on small loans are made, you might want to start to think what happens when you make bigger purchases, with bigger loans.
Once you have found the payments you can make on a car you can afford, check out our Buy Vs Lease Calculator to start seeing when actually buying a big purchase is REALLY cheaper than renting!
Make sure you click the VIEW REPORT button below!
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[…] pay off in the long term, but believe it or not this is not always the case! If you have used our Car Loan Calculator to see what kind of loan you can afford with your budget, you can use the same numbers you ended […]
[…] impact that taking out loans can have at different interest rate and payment schemes, check out our Car Loan Calculator to see how you can budget a big purchase without losing your wallet! Make sure you click the VIEW […]