Overhaulin'

how to calculate monthly payment?

If I was to buy a car for 10,995 have a down payment of 6000.00 but using my car that I am upside down on. KBB says I should get 2400 for trade which leaves 5400 that would transfer over to the new car. How would I figure out the loan amount if I did 48 months or 36 months with 11% interest? Thank you in advance

Public Comments

1. http://www.bankrate.com/brm/popcalc2.asp Good site for lots of financial info
2. try car.com calculator.
3. per a financial calculator $139.57 monthly on $5400@11% over 4 years