Question

how to calculate a car monthly payment?

Answer 1

Take the total price you're paying, and divide it by the number of month you are taking to pay if off (usually 60 months or 5 years). If I were paying 30K, then divide that by 60, so I would be paying 500 a month.

Answer 2

@sjatersumeet, that would only work if there is no interest rate on the car!!!!

Answer 3

@maalvare08 let me know if you still want help with this.

Answer 4

skatersumeet thank you!!! :) i appreciated, ddrayer i will :)