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Question: I have 27,000 dollars left on my car. If I want to pay it off this year, how much money should I be putting towards the car monthly?
To determine your monthly payment, you need to divide the $27,000 by the number of months you have left in the year. Since there are only three months left in 2021, you would need to pay around $9,000 per month to pay off the car by the end of the year. However, keep in mind that paying off a large amount of money like this can put a strain on your finances, so be sure to budget accordingly and ensure you have enough money for other important expenses.
March 20, 2023, 10:55 p.m.
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