Quote:
Originally Posted by ssedha
A bump, but I couldn't yield the same Interest Portion of your payment using your same formula. According to your formula, it is (Cap Cost + Residual) * MF
In this case, (43895 + 32206) * .00111 = $84.47. Am I missing something?
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You're correct, OP's is mis-calculated.
And chrisv_335EBII got the correct monthly payment. So if the OP sees this, just saved a lot of money lol