Methods
CalcAffordability(monthlyPayment, tradeInAllowance, tradeInLoanBalance, downPaymentAndRebates, loanDuration, salesTaxRate, interestRate) → {Promise}
Calculate the price of the car from the monthly loan payment information
Parameters:
| Name | Type | Description |
|---|---|---|
monthlyPayment |
number | monthly payment amount |
tradeInAllowance |
number | trade-in value |
tradeInLoanBalance |
number | loan balance after trade-in |
downPaymentAndRebates |
number | total amount of rebates plus downpayment |
loanDuration |
number | loan duration in months |
salesTaxRate |
number | sales tax rate as percentage |
interestRate |
number | interest rate as percentage |
- Source:
Returns:
target price with tax and fees Promise will resolve to type number.
- Type
- Promise
CalcPayments(newCarPrice, tradeInAllowance, tradeInLoanBalance, downPaymentAndRebates, loanDuration, salesTaxRate, interestRate) → {Promise}
Calculate what the payments would be from the price of the new car and the parameters of the monthly loan payments
Parameters:
| Name | Type | Description |
|---|---|---|
newCarPrice |
number | price of the car new |
tradeInAllowance |
number | trade-in value |
tradeInLoanBalance |
number | loan balance after trade-in |
downPaymentAndRebates |
number | total amount of rebates plus downpayment |
loanDuration |
number | loan duration in months |
salesTaxRate |
number | sales tax as percentage |
interestRate |
number | interest rate as percentage |
- Source:
Returns:
payments and total interest Promise will resolve to type array.
- Type
- Promise