The down payment 150000 is 10000, and the loan is 50000. Because 15000 minus 10000 equals 50000, the loan is 50000. The monthly interest is about 200. If it is divided into 36 installments in three years, the principal of each installment is 50000 ÷ 36 = 1388.88889, and the principal of 1288 plus the interest of 200 is 1588, then the down payment of150,000 is1.
Matters needing attention in loan car purchase
Under the premise that the loan for buying a car has not been fully paid off, the acquaintances of the car do not belong to consumers. In order to reduce the risk, dealers usually put forward some car insurance that must be purchased as loan conditions in the car loan contract.
When buying a car with a loan, as a condition and requirement of buying a car with a loan, the dealer will ask consumers to buy four main insurances in our store. For example, for a 200,000 car, the insurance premium is about 1000 yuan, so when buying a car, you must read the insurance clauses carefully to avoid falling into the trap.