29
Jan
Buying a car? Find out how much car loan to take using the 20/10/4 rule
Financial institutions typically offer car loans for up to 80% of the vehicle's on-road price, and some lenders offer 100% coverage. The loan-to-value (LTV) ratio determines the loan amount, and borrowers are responsible for the remaining cost. Buying a home stands out as a critical financial choic...
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