Sorry, good point. The rate ia an APR. There are no fees or protection
payments involved.

"Duke Carey" wrote:

Is the 6.9% the stated note rate or the APR?
Did you pay a fee of some kind?

"JohnP" wrote:

Interest rate: 6.9%
Amount: 2500
Period: 24 months

The company says monthly payments wil be 111.63. But none of the excel
formulas I've tried (PMT, PV, IPMT) return the same.

Note: I do not have & cannot install CUMIMPT

Thanks.