- Term
- Number of months
for the auto loan.
- Purchase price
- The amount, before
taxes and fees, that you are paying for this auto.
- Auto loan
interest rate (APR)
- Annual percentage
rate for the auto loan.
- Cash down
- Check this to
have your total down payment be a specific cash amount. This money
will be used for fees and your down payment.
- Percent of
purchase price
- Check this to
put a percent of the purchase price as your cash down. This money
will be used for fees and your down payment.
- Trade allowance
- Total dollar
amount given to your for your auto trade-in.
- Amount owed
on trade
- Total loan balance
still outstanding on the trade-in.
- Fees
- Fee charged for
title transfer. Also include any other fees that may be due at delivery.
- Sales tax
rate
- Sales tax percentage
rate charged on this purchase.
- Home equity
interest rate (APR)
- Annual percentage
rate for the home equity loan.
- Home equity
closing costs
- Any additional
costs to the home equity loan. This should include any appraiser fees,
points paid or other misc. fees.
- State and
Federal tax rates
- Your state and
federal marginal income tax rates. These rates are used to determine
the tax savings associated with a home equity loan.
- No sales tax
deduction for trade-in
- If you live in
a state where your sales tax is calculated on your full purchase price
check this box. If this box is unchecked sales tax is calculated on
the purchase price less trade in. Currently California, the District
of Columbia, Hawaii, Maryland, Michigan allow no deductions for trade-ins
when calculating sales tax. In addition, Alaska, Delaware, Montana,
New Hampshire, and Oregon have no sales tax on autos.
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