One to the World By Kaleb and Tyler

Budget Our profession is a Department Store Manager. We make $63,000 per year before taxes. Once we have calculated all of our other monthly expenses, we have $36,000 leftover, that we can use to pay for a car.

Car Choice For our car we chose to buy a Ford F-150. It costs $26,540 before sales tax, and after sales tax it is $28,800.

Length of loan We decided to choose a 60 month plan. We will have monthly payments of $480, that have an interest rate of 3.22%. That means every month we will pay $495.50.

Actual Cost After all calculations, and adding the interest rate and sales tax, our car will cost a total of $29,730.

Savings We will save $1754.50 per month, which is $21,054 per year.

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