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Part II: Maybe the 1.9% is more manageable? Oh, boy! Look at that monthly payment from Question 2 above! Molly cannot afford the monthly payment

Part II: Maybe the 1.9% is more manageable?

Oh, boy! Look at that monthly payment from Question 2 above! Molly cannot afford the monthly payment using the 0% financing. She opens up Bankrate's Loan Calculator to see how much she'd pay with the other financing option.

  1. Remember that Molly has a $2500 down payment saved for this purchase. The dealer will take the $500 Cash Allowance straight off her total. How much loan does Molly need?

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