is this a sound loan model?View More Debt Management QuestionsPosted 2/13/11 at 6:40pm by mars4139 I financed a vehicle---$26500 for 3 yrs at 0%--payment is $733 a month. I plan on paying this in the following manner. $366.50 per month from my budget and $366.50 per month from my heloc at 3.25%. After 3 years I will pay back the heloc for three years -$366.50 per month. The question is how much will I accrue in interest through the six years? Is there a way to figure out the effective apr? Is this a wise to create a six year new auto loan? Do you have an answer to this question? This question was posted over a month ago, so new answers cannot be added. If you don't see the answer you're looking for here, try creating a new question for your specific issue. No answers have been posted to this question yet. | Get notified of new answers!Let us know your email address and we'll send you a quick notice when a new answer is posted! Browse Questions By Category Banking (42)Business Finance (63) Credit Cards (13) Debt Management (12) Insurance (10) Loans (11) Other (97) Real Estate (24) Retirement (15) Stock Market (15) Taxes (13) |