Depends on the loan package. Just to provide a scenario, using
hypothetical figures.
Car Price: 10k
Loan Amt: 90% or 9k for 10 years at 3% p.a.
Total payable: 12.09k
Loan per month will work out to $100.75.
My monthly payable is $310.00. I took minimal loan with a mid-term
package, 7 years with the 2.88% interest.
If you take up to 90% loan, with current price expectations of the
March, I think it will be bwt $500-$800, depending on tenure of
loan.
Hope that helps.
