| ©
2003 Enterprise Bank, Member FDIC, Equal Housing Lender. |
Auto Loan
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DEFINITIONS
| Monthly payment | Monthly payment for this loan |
| Interest rate | Annual interest rate for this loan |
| Term | Number of months for this loan |
| Cash down | Total amount of cash used in this purchase |
| Trade allowance | Total dollar amount given on your trade-in |
| Amount owed on trade | Total loan balance still outstanding on the trade-in |
| Fees (optional) | Any additional fee charged for title transfer, or any other fees that may be due at delivery. |
| Sales tax rate | Sales tax percentage rate charge on this purchase. |
| Total down | Net amount available as a downpayment. This is your cash down, plus your trade-in, minus any outstanding loan balance on your trade-in. |
| Net trade in | Net amount for trade in applied to your purchase |
| Qualifying income | Minimum monthly income range required to qualify for this loan payment. |
| Sales price | Total price for this car |
| Sales tax | Total amount of sales tax on this purchase. |
| Loan amount | Total amount of your auto loan. |
Enterprise Bank's information and interactive calculators are made available to you as self-help tools for your independent use. We can not and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues. All information
you enter is confidential and private. No information is collected
unless you select to. |
| ©
2003 Enterprise Bank, Member FDIC, Equal Housing Lender. |
