Financing
Finance charge
The finance charge is the total dollar amount you pay in interest and certain fees over the life of the loan. It equals the total of payments minus the amount financed. A lower APR or shorter term generally reduces the finance charge. Details may vary by lender and contract.
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Lotly provides educational information, document organization, calculations, and negotiation-drafting assistance. It is not legal, tax, investment, financial, credit, or lending advice. We do not determine whether any charge is lawful or whether any offer is appropriate for you. Confirm all vehicle condition, availability, incentives, fees, financing, lease terms, and contract documents directly with the dealer and relevant professionals before signing.