WebNov 3, 2024 · A good car loan debt-to-income ratio is below 30%, meaning an individual receiving SSI benefits of $1,000 per month can afford a $300 payment. A $300 car loan payment, if you qualify, translates into a $15,000 vehicle, assuming a six-year term and a 10% interest rate. Kelley Blue Book list sever-year-old cars under $15,000 as of the … WebApr 4, 2024 · A home equity loan can be a great way to get cash for a new car. For example, if your home is valued at $200,000 and you only owe $120,000 on your mortgage, you …
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WebFeb 4, 2024 · How much you need to make to get approved varies by dealer, but you can typically expect to need a pre-tax income of at least $1,500 to $2,000 a month. The Basics of ‘Your Job is Your Credit’ Car Dealers. BHPH car dealers use your job as your credit, and … WebAug 18, 2024 · Typically, the minimum income requirement for a borrower with less than perfect credit is around $1,500 to $2,500 a month before taxes. If you're able to get a loan … camp humphreys high school address
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WebApr 5, 2024 · They’re asking $21,000, but you hope to drive off the lot for $20,000. By playing around with a loan calculator, you can experiment with different scenarios. If you borrowed $20,000 at 5 percent APR and paid your car off over 60 months, for example, your monthly payment would be $377.42. WebMar 28, 2024 · Used Car Loan Loan TermUp to 72Months APRVaries Credit Score500 Highlights Great for customers with limited/no credit Offers special military rates A+ BBB rating See Rates Used Car Loan Loan... WebOct 3, 2024 · However, a good starting point is to consider what subprime lenders – another type of bad credit car lender – ask for, which is usually around a monthly income of $1,500 to $2,000 before taxes. Subprime lenders ask that this income comes from one source, but your job is your credit dealerships aren’t concerned about where your income ... camp humphreys hazardous waste