Asked By: Ethan Robinson Date: created: Dec 21 2020

## What is a realistic car payment

Answered By: Benjamin Ross Date: created: Dec 24 2020

Many financial experts recommend keeping total car costs below 15% to 20% of your take-home pay.

For example, if your monthly paycheck is \$3,000, your car payment would be about \$300 and you’d plan on spending another \$150 on automotive expenses..

Asked By: Chase Moore Date: created: Aug 27 2021

## What is the monthly payment for a 40000 car

\$40,000 Car Loan. Calculate the Monthly Payment.Monthly Payment\$943.99Total Interest Paid\$5,311.65Total Paid\$45,311.65

Asked By: Ronald Watson Date: created: Apr 11 2021

## How much is a monthly payment on a \$50 000 car

Answered By: Kevin Green Date: created: Apr 14 2021

\$50,000 Car Loan. Calculate the Monthly Payment.Monthly Payment\$1,179.99Total Interest Paid\$6,639.57Total Paid\$56,639.57

Asked By: Clifford Foster Date: created: Aug 18 2021

## How much do I need to make to afford a 200k car

Answered By: Gilbert Cox Date: created: Aug 20 2021

With the average length of car loans being around 6.5 years now that means that for around \$2500 a month you can get a 200k car, which is about 1/4 of the person’s 100k yearly income. If they’ve got good credit and not a lot of other loans they can get the loan pretty easily.

Asked By: Donald Rodriguez Date: created: Nov 14 2020

## How much should you put down on a \$12000 car

Answered By: Samuel Campbell Date: created: Nov 14 2020

The vehicle’s price determines how much cash you should put downVehicle Price15% Down25% Down\$8,000\$1,200\$2,000\$10,000\$1,500\$2,500\$12,000\$1,800\$3,000\$14,000\$2,100\$3,5009 more rows

Asked By: Gavin Patterson Date: created: Aug 06 2021

## What is the payment on a \$15000 car loan

Answered By: Aidan Peterson Date: created: Aug 06 2021

\$15,000 Car Loan. Calculate the Monthly Payment.Monthly Payment\$354.00Total Interest Paid\$1,991.87Total Paid\$16,991.87

Asked By: Caleb Johnson Date: created: Aug 28 2021

## What car can I afford with 50k salary

Answered By: Edward Ross Date: created: Aug 28 2021

On a \$50,000 salary, it is recommended you don’t spend more than \$5,000 (10%) on a car. Dave Ramsey recommends spending no more than half your gross annual income (\$50k) on a new car. However, the cost of a car really includes purchase price, opportunity cost of investments, or loan interest.

Asked By: Owen Ramirez Date: created: Nov 04 2021

## Is 25k too much for a car

Answered By: Cameron James Date: created: Nov 05 2021

25k is the normal price of a good car nowadays. This doesn’t matter at all. If he lives in a high cost of living area (NYC/Bay Area/Seattle etc) then what he makes isn’t going to go a long ways. \$25k is too much for anything that would be your vehicle.

Asked By: Luke Price Date: created: Apr 12 2021

## What is the catch with 0 percent financing

Answered By: Isaiah Rogers Date: created: Apr 13 2021

The answer is that it usually isn’t the bank doing the lending but rather the automaker itself. The way an automaker can make money with a zero percent deal is simple: It still earns the same amount it would earn on any car deal, but now the money is earned over a longer span.

Asked By: Daniel Reed Date: created: Oct 09 2021

## Is it better to get auto loan from bank or dealer

Answered By: Wallace Moore Date: created: Oct 11 2021

Banks may offer you the ability to apply for preapproval, which can make it easier to compare estimated loan offers and relieve some pressure at the dealership. A loan through a dealer also may end up being more expensive because of interest rate markups.

Asked By: Geoffrey Richardson Date: created: Apr 08 2021

## Is 35000 too much for a car

Answered By: Tyler Griffin Date: created: Apr 11 2021

Nothing is too much for a car if you are passionate about it. You might think of using the 35000 in other useful ways or invest it.

Asked By: Patrick Carter Date: created: Jan 13 2022

## How much should I spend on a car if I make 80000

Answered By: Patrick Morris Date: created: Jan 13 2022

The frugal rule: 10% of income If you earn \$80,000, that’s a used car for around \$10,000 or \$12,000.

Asked By: Christian Green Date: created: Sep 22 2020

## What can I afford on 50k

Answered By: Rodrigo Edwards Date: created: Sep 23 2020

How much house can I afford on a \$50k salary. Our best case scenario, you can afford a mortgage payment up to 874.50 per month. For most people, you would want to pay less than \$875 per month if you’re making \$50k. As always, check the paycheck calculator to determine your after tax income.

Asked By: Ronald Hall Date: created: Mar 14 2021

## What is the average car payment 2020

Answered By: Martin Peterson Date: created: Mar 16 2021

\$568The average monthly car payment was \$568 for a new vehicle and \$397 for used vehicles in the U.S. during the second quarter of 2020, according to Experian data. The average lease payment was \$467 a month in the same period.

Asked By: Douglas Bailey Date: created: Mar 22 2021

## What is a good monthly car payment

Answered By: Luke Martin Date: created: Mar 25 2021

The average monthly car loan payment in the U.S. was \$530 for new vehicles and \$381 for used ones originated in the third quarter of 2018, according to credit reporting agency Experian. The average lease payment was \$430.

Asked By: Rodrigo King Date: created: Sep 05 2021

## How much should I spend on a car if I make \$60000

Answered By: Timothy Davis Date: created: Sep 08 2021

How Much Should I Spend on a Car If I Make \$60,000 a Year? You should spend no more than half of your yearly salary on a car, so if you make \$60,000 dollars per year, you should buy a car that costs \$30,000 or less.

Asked By: Samuel Hill Date: created: Oct 28 2020

## Is a 72 month car loan bad

Answered By: Zachary Alexander Date: created: Oct 30 2020

A 72-month car loan can make sense in some cases, but it typically only applies if you have good credit. When you have bad credit, a 72-month auto loan can sound appealing due to the lower monthly payment, but, in reality, you’re probably going to pay more than you bargained for.

Asked By: Cameron Wood Date: created: Dec 21 2020

## What is the monthly payment on a \$30000 car

roughly \$600 a monthA \$30,000 car, roughly \$600 a month.

Asked By: Joseph Edwards Date: created: Nov 07 2021

## What is the monthly payment on a 20000 car loan

Answered By: Dominic Phillips Date: created: Nov 10 2021

For instance, using our loan calculator, if you buy a \$20,000 vehicle at 5% APR for 60 months the monthly payment would be \$377.42 and you would pay \$2,645.48 in interest.

Asked By: Cody Bennett Date: created: Sep 21 2021

## Is it good to pay extra on your car payment

Answered By: Gordon Phillips Date: created: Sep 22 2021

The payoff amount includes your loan balance and any interest or fees you owe. You can also pay more than the minimum amount due each month. Making at least one extra payment on your loan every month, or adding more money to your monthly payment, may help you pay off your car loan early.

Asked By: Devin Long Date: created: Jan 25 2021

## Why you should never finance a car

Answered By: Devin Allen Date: created: Jan 27 2021

Most people get a ton of car debt, which makes it so much harder to really invest. When you increase your debts, you spend more of your monthly income paying those debts, and save less money each money for investments. On top of it, every loan you have puts you further away from buying a home or investment property.

Professional

### How Much Do You Need To Invest In An Index Fund?

How much do you need to invest in index funds? 5.Check the minimum investment amount.Most index funds require a minimum investment to buy into, typically anywhere from \$1 to \$3,000.If you have less cash on hand to invest than is required for a particular index fund, you can eliminate it from your list of options for now. How do I start investing in index funds? Buying an index fund in 3 steps Decide where to buy. Look at a broker's fund selection, commission-free options and trading costs.Pick an index. Funds may track well-known indexes like the S&P 500 or specific industries or types of companies.Check investment minimum and other costs. Is investing in index funds a good idea? Index funds, at their best, offer a low-cost way for investors to track popular stock and bond market indexes. In many cases index funds outperform the majority of actively managed mutual funds.…

Professional

### Quick Answer: What SUV Does Edmunds Recommend?

What is the best SUV to buy in 2020? The 2020 model year for the Kia Telluride, the Hyundai Palisade, the Subaru Outback, the Mazda CX-9, and the Toyota Highlander are the best 2020 SUVs to buy this year.In fact, Consumer Reports recommends these as the best to buy right now.. What used SUV should I avoid? 15 Used SUVs & Crossovers You Should Avoid Buying At All CostsBuick Enclave. Years: 2008-2009. ... Chevrolet Equinox 3.4L V6. Year: 2005. ... Dodge Durango. Years: 1999-2000, 2011-2013. ... Dodge Journey. Years: 2009-2010. ... Ford Explorer. Years: 2002-2004. ... GMC Acadia. Years: 2007-2008. ... Honda CR-V. Year: 2015. ... Jeep Cherokee. Years: 2014-2015.More items...•Feb 25, 2021 Which SUV is safest in a crash? The Safest SUVs You Can Buy In 2021:2021 Mazda CX-3.2021 Mazda CX-30.2021 Subaru Forester.2021 Mazda CX-5.2021 Subaru Ascent.2021 Ford Explorer.2021 Hyundai Palisade.2021 Volvo XC40.More items...•Apr 12, 2021 What is the…

Professional

What is the 10 year average return on the S&P 500? 13.6%Between 2010 and 2020, however, the investing firm notes that the S&P 500 has done slightly better than the historic 10-year average, with an annual average return of 13.6% in the past 10 years.. Should I put all my money in one index fund? If you are investing in an index fund every month, you will get the benefit of lower prices if the stock market tanks and also when it recovers. If there was a very long recession and the stock market went down and stayed down for several years, you would keep making regular contributions all during that period. Is Vanguard or Fidelity better? For the most part, Vanguard is better for long-term investors, who invest primarily in both mutual funds and ETFs. On the other hand, Fidelity is better suited for active investors. ... Fidelity offers…

Professional

### Is VTI A Good Investment?

VTI is a balanced fund, with a healthy mix of small-cap, midcap, and blue-chip stocks.VTI is a highly efficient fund with a low expense ratio. What are the best ETFs to invest in 2019? 5 top ETFs for 2019 Top S&P 500 ETF – iShares Core S&P 500 ETF (IVV) 2018 performance: -4.5 percent. Top VIX ETF – ProShares VIX Short-Term Futures ETF (VIXY) 2018 performance: 66.8 percent. Top high-dividend ETF – Vanguard High Dividend Yield (VYM) Top health care ETF – Vanguard Health Care Index Fund (VHT) Is now a good time to invest in index funds? There's no universally agreed upon time to invest in index funds but ideally, you want to buy when the market is low and sell when the market is high. Since you probably don't have a magic crystal ball, the only best time to buy into an index fund is now. What is…

Professional

### Quick Answer: What Are The Advantages Of Investing In An Index Fund?

The Benefits of Using Index Funds.At this point most people know the advantages that come with investing in index funds.They are tax efficient because of their low turnover.This lowers the transaction costs in the funds making them less expensive to manage. Is investing in index funds a good idea? Index funds, at their best, offer a low-cost way for investors to track popular stock and bond market indexes. In many cases index funds outperform the majority of actively managed mutual funds. One might think investing in index products is a no-brainer, a slam-dunk. Is it a good time to invest in index funds? For most long-term investors, any time can be the best time to invest in index funds; however, there are certain market conditions that give index funds an advantage over their actively-managed fund counterparts. Lower costs generally translate to better long-term returns. Can you lose money in an…

Guest

### How Do I Choose An Index Fund?

Index Investing For Dummies Start with the type of investment that you need for your portfolio. If you need long-term growth, you want stocks. Decide whether you want an index mutual fund or an exchange-traded fund (ETF). Always look to the bottom line. Examine the index behind the scene. What about returns? What is the best index fund? Fidelity ZERO Large Cap Index (FNILX) Vanguard S&P 500 ETF (VOO) SPDR S&P 500 ETF Trust (SPY) iShares Core S&P 500 ETF (IVV) Schwab S&P 500 Index Fund (SWPPX) 15 best investments in 2019.3 key benefits of having multiple brokerage accounts. What is the best S&P 500 index fund? Benzinga picked the best S&P 500 index funds based on the above criteria. Vanguard 500 Index Fund Investor Shares (VFINX) The fund's performance. Fidelity 500 Index Fund (FXAIX) The fund's performance. SPDR S&P 500 ETF (SPY) Schwab S&P 500 Index Fund (SWPPX) iShares…

Guest

### Quick Answer: Is The Stock Market A Good Way To Make Money?

While it's certainly possible (even easy) to make money investing in the stock market, it's also possible to lose really quickly if you don't know what you're doing.Before you take any action, do your research and wait until you're ready to dive in.As Warren Buffett says, investing is a no-called-strike game. How do beginners make money in the stock market? To make good money in stock markets, one should practice the fundamental method of investing. Try and avoid the herd mentality. Never try to time the stock market. Have a disciplined approach for investment. Never let your emotions influence the judgement. Always have realistic goals. Always invest your surplus funds. How much money can you make from stocks? As a general guideline, on average, the goal for a skilled trader in a reasonable market is to earn at least 5x-10x the amount you risk on a trade. So, if you…

Guest

### How Much Can You Make Investing?

Can you make a lot of money in stocks? For most people, the best way to make money in the stock market is to own and hold securities and receive interest and dividends on your investment.If you invest in dividend stocks, you're also entitled to a percent of the company's profits each quarter. What percentage of my income should I invest? About 10 to 15 percent of your gross income is the general recommendation by most financial planners for retirement savings. Using the recommended amount, you should be saving \$80 to \$120 per week for retirement and investing it in an interest-bearing account. Can investing make you rich? Investing in the Market The easiest and the most efficient way to grow the money you've already saved is through investing in the stock market. The best part is it doesn't take much work on your part; it can be put on…

Guest

### What Is The Best Index ETF?

Read on to learn about the best ETFs you can buy today. Best Overall: Vanguard S&P 500 ETF (VOO) Best No-Fee: Fidelity ZERO Total Market Index Fund (FZROX) Best for Active Traders: SPDF S&P 500 ETF (SPY) Best for Small-Cap Stocks: iShares Russell 2000 ETF (IWM) What is the best ETF for 2019? 5 top ETFs for 2019 Top S&P 500 ETF – iShares Core S&P 500 ETF (IVV) 2018 performance: -4.5 percent. Top VIX ETF – ProShares VIX Short-Term Futures ETF (VIXY) 2018 performance: 66.8 percent. Top high-dividend ETF – Vanguard High Dividend Yield (VYM) Top health care ETF – Vanguard Health Care Index Fund (VHT) 3 Jul 2019 Which is better ETF or index fund? Differences Between Index Funds and ETFs Lower expense ratios can provide a slight edge in returns over index funds for an investor, at least in theory. ETFs can have higher trading costs, however.…

Guest

### Question: Should I Invest In ETFs Or Index Funds?

What are the best ETFs to invest in 2019? 5 top ETFs for 2019 Top S&P 500 ETF – iShares Core S&P 500 ETF (IVV) 2018 performance: -4.5 percent. Top VIX ETF – ProShares VIX Short-Term Futures ETF (VIXY) 2018 performance: 66.8 percent. Top high-dividend ETF – Vanguard High Dividend Yield (VYM) Top health care ETF – Vanguard Health Care Index Fund (VHT) Is it better to invest in index funds? The most obvious benefit of investing in index funds is that your portfolio becomes instantly diversified, minimizing the chances you'll lose your money. For instance: An index fund that tracks the S&P 500 has 500 different investments. Are ETFs and index funds the same thing? Well, ETFs are sort of a hybrid — they trade like a stock, but they offer you the diversification of a mutual fund. Like index funds, you can use ETFs to invest in a…

Professor

### How Do You Buy Vanguard Index Funds?

How do I buy a Vanguard mutual fund online? From the Vanguard homepage, search "Buy funds" or go to the Buy funds page. Select the checkbox next to an existing fund. Once you select a checkbox, a textbox will appear below it. When you enter fund information in the text box, fund choices will appear. Can you invest in index funds on Robinhood? Robinhood changed the investing world by offering commission-free trading for stocks, ETFs, options, and cryptocurrencies. However, there is one area of investing that Robinhood has yet to disrupt, the index fund. There's no question how successful index funds are today. Investing in index funds is no different.8 May 2019 Can I buy Vanguard funds directly? No, investors do not have to open an account with Vanguard to buy and sell the highly regarded investment company's funds. As a result, most major brokerages offer their retail clients the…

Professor

### What Interest Rate Will Double Money In 10 Years?

The rule says that to find the number of years required to double your money at a given interest rate, you just divide the interest rate into 72.For example, if you want to know how long it will take to double your money at eight percent interest, divide 8 into 72 and get 9 years. Does money double every 10 years? The Rule of 72 states that the amount of time required to double your money equals 72 divided by your rate of return. For example: If you invest money at a 10 percent return, you will double your money every 7.2 years. If you invest at a 7 percent return, you will double your money every 10.2 years. At what annual rate of interest compounded yearly Will money double in 8 years? When interest is compounded annually, a single amount will double in each of the following situations: The…

Professor

### Are Index Funds Better Than Stocks?

As a general rule, index fund investing is better than investing in individual stocks because it keeps costs low, removes the need to constantly study earnings reports from companies, and almost certainly results in being "average", which is far preferable to losing your hard earned money in a bad investment. Is it better to invest in index funds? The most obvious benefit of investing in index funds is that your portfolio becomes instantly diversified, minimizing the chances you'll lose your money. For instance: An index fund that tracks the S&P 500 has 500 different investments. How many index funds should I own? For example, one share of an index fund based on the S&P 500 provides ownership in 500 different companies. While some funds such as S&P 500 index funds allow you to own companies across industries, others allow exposure to a specific industry, country or even investing style (say,…

Professor

### Quick Answer: Are Index Funds The Best Investment?

Index funds, at their best, offer a low-cost way for investors to track popular stock and bond market indexes.In many cases index funds outperform the majority of actively managed mutual funds.One might think investing in index products is a no-brainer, a slam-dunk. Are index funds a good investment? Investors like index funds because they offer immediate diversification. The S&P 500 index fund continues to be among the most popular index funds. S&P 500 funds offer a good return over time, they're diversified and they're about as low risk as stock investing gets. Is it a good time to invest in index funds? For most long-term investors, any time can be the best time to invest in index funds; however, there are certain market conditions that give index funds an advantage over their actively-managed fund counterparts. Lower costs generally translate to better long-term returns. Can you lose money in an index…

Professor

### Question: Can I Buy Index Funds On Robinhood?

Robinhood changed the investing world by offering commission-free trading for stocks, ETFs, options, and cryptocurrencies.However, there is one area of investing that Robinhood has yet to disrupt, the index fund.There's no question how successful index funds are today.Investing in index funds is no different. How do you buy Vanguard index funds? How do I buy a Vanguard mutual fund online? From the Vanguard homepage, search "Buy funds" or go to the Buy funds page. Select the checkbox next to an existing fund. Once you select a checkbox, a textbox will appear below it. When you enter fund information in the text box, fund choices will appear. How do you buy index funds? Buying an index fund in 3 steps Decide where to buy. Look at a broker's fund selection, commission-free options and trading costs.Pick an index. Funds may track well-known indexes like the S&P 500 or specific industries or types…

User

### Question: How Do I Invest In Index Funds?

Find the right fund for your budget. Decide where to buy. You can purchase an index fund directly from a mutual fund company or a brokerage. Pick an index. Index mutual funds track various indexes. Check investment minimum, other costs. Low costs are one of the biggest selling points of index funds. How do I invest in Vanguard index funds? Steps to take Step 1: Open an account with Vanguard. If you're not investing though a company-sponsored 401(k), the best way to invest in Vanguard's offerings is to invest directly though Vanguard's site. Step 2: Link your banking information. Step 3: Request a buy. Step 4: Check back in on your account at least annually. Is investing in index funds a good idea? Index funds, at their best, offer a low-cost way for investors to track popular stock and bond market indexes. In many cases index funds outperform the majority…

User

### Quick Answer: Is An ETF Better Than An Index Fund?

Differences Between Index Funds and ETFs Lower expense ratios can provide a slight edge in returns over index funds for an investor, at least in theory.ETFs can have higher trading costs, however.But the primary difference is that index funds are mutual funds and ETFs are traded like stocks. What is the difference between an ETF and an index fund? ETF is a fund which will track a stock market index and trade like regular stocks on the exchange whereas index funds will track the performance of a benchmark index of the market. The pricing for ETF takes place throughout the trading day but index funds get priced at the closing of the trading day. Are ETFs riskier than index funds? Both ETFs and index mutual funds are more tax efficient than actively managed funds. In general, ETFs can even be more tax efficient than index funds. Why are ETFs cheaper…

User

### Question: Is It Safe To Invest In Index Funds?

Index funds are safe.Index funds generally tend to be less volatile than most individual stocks, says Robert R.Johnson, president and CEO of The American College of Financial Services in Bryn Mawr, Pennsylvania.But they are only as stable as the underlying index. Is investing in index funds a good idea? Index funds, at their best, offer a low-cost way for investors to track popular stock and bond market indexes. In many cases index funds outperform the majority of actively managed mutual funds. One might think investing in index products is a no-brainer, a slam-dunk. Is it a good time to invest in index funds? For most long-term investors, any time can be the best time to invest in index funds; however, there are certain market conditions that give index funds an advantage over their actively-managed fund counterparts. Lower costs generally translate to better long-term returns. What is the best index fund…

User

### Quick Answer: How Many Years Does It Take To Double Your Money In The Stock Market?

12 years Does money double every 7 years? The Rule of 72 states that the amount of time required to double your money equals 72 divided by your rate of return. For example: If you invest money at a 10 percent return, you will double your money every 7.2 years. If you invest at a 7 percent return, you will double your money every 10.2 years. How can I double my money in 5 years? This is the number of years it will take for your money to double. For example, if your money is earning an 8 percent interest rate, you'll double your money in 9 years (72 divided by 8 equals 9). Or, if your money is earning a 5 percent interest rate, you'll double it in 14.4 years (72 divided by 5 equals 14.4). How long does it take to double your money? The rule says that…

User

### How Long Will It Take \$1000 To Double At 6% Interest?

How many years will it take you to double your money if your rate of return is 7% annually? The Rule of 72 states that the amount of time required to double your money equals 72 divided by your rate of return.For example: If you invest money at a 10 percent return, you will double your money every 7.2 years. How long will it take for an investment to double at 6% per year? Accuracy of the Rule of 72 For example, the actual doubling time for an investment with a 4% annual return is log (2) / log (1+4%) = 17.7 years, not 18 years. The actual interest rate required to double an investment in 6 years is 21/6 - 1 = 12.2%, not 12%. What interest rate will double money in 10 years? The Rule of 72 says that to find the number of years needed to double…