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An easy way to estimate monthly payments

When shopping for a new car or truck expect to spend about $20 a month for every $1,000 you borrow.

At today's interest rates figure you'll pay $20 a month for every $1,000 you borrow with a five-year (60-month) loan.

If you're considering a $10,000 loan, for example, expect your monthly payments to be about $200 a month. (At 8% the exact payment would be $203.)

Our auto loan calculator is the easiest way to figure out exactly how much you'll pay.

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7/23/2008 11:41:39 PM
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