The money that is being borrowed is the amount finaced?
Answers:
yes ... for example you buy a car with no money down that means you financed 100%, if you put 10% down thats means you financed 90%... the amount you financed is the amount you will have to pay interest on depending on your rate... it is possible to get 0% financing also
Duh!
You would also have to factor in the interest and fees (if any fees) into the total amount financed.
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