Dcu Car Loan Doubt

[Rabbo]

nenu 36k loan teeskunanu dcu vadi dagara 584.72 monthly payment 60 months 1.9 %APR

520 principal and 64.72 interest cut ayyindhi

kani following month interest 53 cut ayyindhi

endhuku interest vary(50-65$) avthundi each month ????


car loans una db pedhalu andaru interest ilage untadhi antara leda emanna takuva katte margalu unte cheppandi

month ki 60 vesukuna 60*60=3600

[kiladi bullodu]

ltt

[GreenTea]

Nee credit score entha dude...36k loan echadu....

[Rabbo]

[quote name='GreenTea' timestamp='1376006393' post='1304089999']
Nee credit score entha dude...36k loan echadu....
[/quote]


720 ala unde bhayya credit karma lo chusinde apply chesinapudu

[pchky]

[quote name='Rabbo' timestamp='1376005861' post='1304089987']
nenu 36k loan teeskunanu dcu vadi dagara 584.72 monthly payment 60 months 1.9 %APR

520 principal and 64.72 interest cut ayyindhi

kani following month interest 53 cut ayyindhi

endhuku interest vary(50-65$) avthundi each month ????


car loans una db pedhalu andaru interest ilage untadhi antara leda emanna takuva katte margalu unte cheppandi

month ki 60 vesukuna 60*60=3600
[/quote]

eppudina credit union vallu munde intrest ekkuva teesesukuntaru.leter taggutadi. but paying amount same vuntadi. just check in the google.

[Rabbo]

[quote name='tensionnahileneka' timestamp='1376006749' post='1304090002']
eppudina credit union vallu munde intrest ekkuva teesesukuntaru.leter taggutadi. but paying amount same vuntadi. just check in the google.
[/quote]


vaakay thank u

[areyoosamba]

[quote name='Rabbo' timestamp='1376005861' post='1304089987']
nenu 36k loan teeskunanu dcu vadi dagara 584.72 monthly payment 60 months 1.9 %APR

520 principal and 64.72 interest cut ayyindhi

kani following month interest 53 cut ayyindhi

endhuku interest vary(50-65$) avthundi each month ????


car loans una db pedhalu andaru interest ilage untadhi antara leda emanna takuva katte margalu unte cheppandi

month ki 60 vesukuna 60*60=3600
[/quote]


bosu ni lekka enti asalu 584.72 * 60 months its 35083.20 kada. asalu nuvu entha tesukunavu .. entha kadthunavu

[Rabbo]

[quote name='areyoosamba' timestamp='1376008970' post='1304090079']


bosu ni lekka enti asalu 584.72 * 60 months its 35083.20 kada. asalu nuvu entha tesukunavu .. entha kadthunavu
[/quote]


36k bhayya interest on an avg 60$ cut avthundi every month, monthly payment 584 ayyna principal ki cut ayyedhi 520 eh

[areyoosamba]

[quote name='Rabbo' timestamp='1376009237' post='1304090091']


36k bhayya interest on an avg 60$ cut avthundi every month, monthly payment 584 ayyna principal ki cut ayyedhi 520 eh
[/quote]

ala aythe nuvu tesukuna antha kuda terigi evataledu kada ?

[gennyfan]

each month migilina principal paina APR batti interest calculate chestaru..
.

Eg: $10000 loan of 1% APR tesukunte for 36 months

Monthly $252 kadatham.

First Month -- Interest ---> (10,000*0.01)/12 ~= [color=#b22222]8.3[/color]
Principal ----> 252 - 8.0 = 243.7
Remaining balance = 10000 - 243.7 = 9756.3 ~ 9756


Second month
Interest ---> (9756*0.01)/12 ~= [color=#b22222]8.13[/color]
Principal ----> 252 - 8.13 = 243.87
Remaining balance = 9756 - 243.87 = 9512.13

........

[MeetFriendz]

[quote name='areyoosamba' timestamp='1376010037' post='1304090115']

ala aythe nuvu tesukuna antha kuda terigi evataledu kada ?
[/quote]


Hhaha same doubt naku vachindhi inka 1K manodike discount yestunadu bank vadu

[drewbrees]

This is from DCU website. General gaa monthly same installment cut avvali..

Naaku image paste cheyyadam ravatle..

Go to dcu.org
In Search box, type [b]calculator[/b]
Click on that and enter your details..

36,000 with 60 months with 1.9% ... monthly installment is 629.43 and it will be same for all the 60 months.
Total interest you pay is 1765.54