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What Affects Your Monthly Car Payment? When you're buying a car, these 5 key factors determine what you’ll pay each month: 1️⃣ Loan Amount – The price of the car minus your down payment or trade-in. 2️⃣ Interest Rate (APR) – Based on your credit score, lender, and loan terms. 3️⃣ Loan Term – A longer term = lower monthly payment, but more interest over time. 4️⃣ Down Payment – More money upfront = less to finance = lower payments. 5️⃣ Taxes & Fees – Sales tax, registration, and dealer fees can be rolled into your loan. Visit refijet.com and refinance your auto loan today • #carloans #carloans #autoloans #autoloan #autofinance #autorefinance #refinance

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