car planning budget
| Car Loan Amortization |
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Three-Year Lease |
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Bank Loan |
| Retail Price |
Interest Rate |
Total Interest |
Monthly Payment |
Resale Value |
Loss |
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Interest Rate |
Total Interest |
Monthly Payment |
Resale Value |
Loss |
| $ 12,400.00 |
18% |
$2,232.00 |
$ 406.44 |
$ 5,440.00 |
$ 11,192.00 |
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11% |
$1,364.00 |
$ 382.33 |
$7,440.00 |
$6,324.00 |
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| Income |
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| Net Pay |
$ 2,024.80 |
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| Expenses |
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| Rent |
$ 600.00 |
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| Food |
300.00 |
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| Phone |
45.00 |
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| Utilities |
100.00 |
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| Incidentals |
250.00 |
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| Car Payment |
$ 406.44 |
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| Insurance |
91.67 |
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| Gas |
70.00 |
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| Subtotal |
$ 1,863.11 |
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| Contingency: 10% |
186.31 |
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| Total |
$ 2,049.42 |
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| Surplus |
-24.62 |
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Last Updated on 10/5/99
By barbierij
Email: [email protected]