Academic Employees Credit Union
(573) 445-1845
|
Manufacturer rebate with credit union financing could save you:
$1,031.43 in total payments and
$21.49 in monthly payments.
1.90% Low Interest Manufacturer Financing |
$2,500 Manufacturer
Rebate with Credit Union Financing |
||
Interest Rate |
1.90% |
$7.00% |
|
Term | 48 |
48 |
|
Purchase price (before tax |
$20,000 |
$20,000 |
|
Manufacturer rebate | 0 |
$2,500.00 |
|
Price after rebate | $20,000 |
$17,500 |
|
Sales Tax | $1,050.00 |
$875.00 |
|
Total Sales Price (after tax) |
$21,050 |
$20,875 |
|
Total down payment | $2,500 |
$2,500 |
|
Loan amount | $18,550 |
$15,875 |
|
Monthly payment | $401.64 |
$380.15 |
|
Total payments | $19,278.48 |
$18,247.05 |
|
Total interestt | $728.48 |
$2,372.05 |
Payment schedule
1.90% Low Interest Manufacturer Financing | $2,500 Manufacturer Rebate with Credit Union Financing |
|||||
# | Payment | Interest | Balance | Payment | Interest | Balance |
$18,550.00 | $15,875.00 | |||||
1 | $401.64 | $29.37 | $18,177.73 | $380.15 | $92.60 | $15,587.45 |
2 | $401.64 | $28.78 | $17,804.87 | $380.15 | $90.93 | $15,298.23 |
3 | $401.64 | $28.19 | $17,431.42 | $380.15 | $89.24 | $15,007.32 |
4 | $401.64 | $27.60 | $17,057.38 | $380.15 | $87.54 | $14,714.71 |
5 | $401.64 | $27.01 | $16,682.75 | $380.15 | $85.84 | $14,420.40 |
6 | $401.64 | $26.41 | $16,307.52 | $380.15 | $84.12 | $14,124.37 |
7 | $401.64 | $25.82 | $15,931.70 | $380.15 | $82.39 | $13,826.61 |
8 | $401.64 | $25.23 | $15,555.29 | $380.15 | $80.66 | $13,527.12 |
9 | $401.64 | $24.63 | $15,178.28 | $380.15 | $78.91 | $13,225.88 |
10 | $401.64 | $24.03 | $14,800.67 | $380.15 | $77.15 | $12,922.88 |
11 | $401.64 | $23.43 | $14,422.46 | $380.15 | $75.38 | $12,618.11 |
12 | $401.64 | $22.84 | $14,043.66 | $380.15 | $73.61 | $12,311.57 |
13 | $401.64 | $22.24 | $13,664.26 | $380.15 | $71.82 | $12,003.24 |
14 | $401.64 | $21.64 | $13,284.26 | $380.15 | $70.02 | $11,693.11 |
15 | $401.64 | $21.03 | $12,903.65 | $380.15 | $68.21 | $11,381.17 |
16 | $401.64 | $20.43 | $12,522.44 | $380.15 | $66.39 | $11,067.41 |
17 | $401.64 | $19.83 | $12,140.63 | $380.15 | $64.56 | $10,751.82 |
18 | $401.64 | $19.22 | $11,758.21 | $380.15 | $62.72 | $10,434.39 |
19 | $401.64 | $18.62 | $11,375.19 | $380.15 | $60.87 | $10,115.11 |
20 | $401.64 | $18.01 | $10,991.56 | $380.15 | $59.00 | $9,793.96 |
21 | $401.64 | $17.40 | $10,607.32 | $380.15 | $57.13 | $9,470.94 |
22 | $401.64 | $16.79 | $10,222.47 | $380.15 | $55.25 | $9,146.04 |
23 | $401.64 | $16.19 | $9,837.02 | $380.15 | $53.35 | $8,819.24 |
24 | $401.64 | $15.58 | $9,450.96 | $380.15 | $51.45 | $8,490.54 |
25 | $401.64 | $14.96 | $9,064.28 | $380.15 | $49.53 | $8,159.92 |
26 | $401.64 | $14.35 | $8,676.99 | $380.15 | $47.60 | $7,827.37 |
27 | $401.64 | $13.74 | $8,289.09 | $380.15 | $45.66 | $7,492.88 |
28 | $401.64 | $13.12 | $7,900.57 | $380.15 | $43.71 | $7,156.44 |
29 | $401.64 | $12.51 | $7,511.44 | $380.15 | $41.75 | $6,818.04 |
30 | $401.64 | $11.89 | $7,121.69 | $380.15 | $39.77 | $6,477.66 |
31 | $401.64 | $11.28 | $6,731.33 | $380.15 | $37.79 | $6,135.30 |
32 | $401.64 | $10.66 | $6,340.35 | $380.15 | $35.79 | $5,790.94 |
33 | $401.64 | $10.04 | $5,948.75 | $380.15 | $33.78 | $5,444.57 |
34 | $401.64 | $9.42 | $5,556.53 | $380.15 | $31.76 | $5,096.18 |
35 | $401.64 | $8.80 | $5,163.69 | $380.15 | $29.73 | $4,745.76 |
36 | $401.64 | $8.18 | $4,770.23 | $380.15 | $27.68 | $4,393.29 |
37 | $401.64 | $7.55 | $4,376.14 | $380.15 | $25.63 | $4,038.77 |
38 | $401.64 | $6.93 | $3,981.43 | $380.15 | $23.56 | $3,682.18 |
39 | $401.64 | $6.30 | $3,586.09 | $380.15 | $21.48 | $3,323.51 |
40 | $401.64 | $5.68 | $3,190.13 | $380.15 | $19.39 | $2,962.75 |
41 | $401.64 | $5.05 | $2,793.54 | $380.15 | $17.28 | $2,599.88 |
42 | $401.64 | $4.42 | $2,396.32 | $380.15 | $15.17 | $2,234.90 |
43 | $401.64 | $3.79 | $1,998.47 | $380.15 | $13.04 | $1,867.79 |
44 | $401.64 | $3.16 | $1,599.99 | $380.15 | $10.90 | $1,498.54 |
45 | $401.64 | $2.53 | $1,200.88 | $380.15 | $8.74 | $1,127.13 |
46 | $401.64 | $1.90 | $801.14 | $380.15 | $6.57 | $753.55 |
47 | $401.64 | $1.27 | $400.77 | $380.15 | $4.40 | $377.80 |
48 | $401.40 | $0.63 | $0.00 | $380.00 | $2.20 | $0.00 |
These calculators are provided only as a general self-help planning tool and not to provide investment advice. Results depend on many factors. We do not guarantee their accuracy, or applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.