2006-06-10 06:13:23 · 6 answers · asked by jffma38 1 in Cars & Transportation ➔ Car Makes ➔ Toyota
Once you have the interest rate, use the link below to calculate your monthly payment.
http://www.bankrate.com/brm/auto-loan-calculator.asp
2006-06-11 17:37:38 · answer #1 · answered by Flyboy 6 · 0⤊ 0⤋
First stop -->
http://www.toyotafinancial.com/estimator/tfs/pe_zip.jsp?toycompop=yes
or
Microsoft Exel to set it up yourself...
PMT(rate,nper,pv,fv,type)
For a more complete description of the arguments in PMT, see the PV function.
Rate is the interest rate for the loan.
Nper is the total number of payments for the loan.
Pv is the present value, or the total amount that a series of future payments is worth now; also known as the principal.
Fv is the future value, or a cash balance you want to attain after the last payment is made. If fv is omitted, it is assumed to be 0 (zero), that is, the future value of a loan is 0.
Type is the number 0 (zero) or 1 and indicates when payments are due.
By the way based on current TFS (Toyota Financial Services) financing of best and worst credit.
8% is $673 per month
and
16.5% is $761 per month
2006-06-12 00:57:48 · answer #2 · answered by 991 2 · 0⤊ 0⤋
We need the amount of the loan and the rate of interest to give you a proper answer?
2006-06-10 13:16:29 · answer #3 · answered by not4u2c_yet 4 · 0⤊ 0⤋
Depends on the interest rate. Get that and come back to us.
2006-06-10 14:10:19 · answer #4 · answered by mrssainsarg 3 · 0⤊ 0⤋
all depends on your credit and the person giving the loan. gotta see someone.
2006-06-16 18:34:07 · answer #5 · answered by Sean 2 · 0⤊ 0⤋
it depends on your annual percentage rate(interest)
2006-06-10 13:18:05 · answer #6 · answered by 4 strings 7 · 0⤊ 0⤋