QUOTE(qqkoko @ May 14 2010, 08:58 PM)
1.Brand : toyota camry 2.0G 2006 (price: 110k-120k)
2. Budget : my salary is 3.5k to 5k (3.5k is min)
3. New/Used/Unreg : used
4. Specs : 2.0G
5. Transmission : auto
6. NA
7. Type: sedan
8. Remarks : this car would be my 1st car , i just want to make it worthed for me to buy and i really like camry. is it affordable to me? and how much is the interest rate and repayment for 7-9 years monthly?? thx..
Bro, 2006 not the current version right?
Anyway, if you loan 120k, assuming 4% interest would be Rm4800 interest/year.
4.8k x9 years = 43,200
Total payable = 120000 + 43200 = 163200
Monthly = 163200/108months = 1511
Crazy, on the 9th year, that camry probably worth like 30k but you are still paying 1.5k/month..