I am thinking of paying extra cash into my car dept to get a lower monthly installment. Depending how much it will be I will rather pay it into my credit card. Please help with a calculation.
Current installment over 72 months is R 3 583.00 at an interest rate of 13.16%
By next month I will still need to make 55 payments. Pay-off value will be around R 146 000.00.
I plan to pay in R 35 000.00.
Any more info required?
How much about will my new monthly installment be?
Current installment over 72 months is R 3 583.00 at an interest rate of 13.16%
By next month I will still need to make 55 payments. Pay-off value will be around R 146 000.00.
I plan to pay in R 35 000.00.
Any more info required?
How much about will my new monthly installment be?