calculating monthly costs

[Furious]

Hi All

Tim says that he worked out the monthly cost of his dream car (aston martin DB9) to approx $2,000 per month but doesn't say how he got to this figure.

Any idea how this is calculated? Is this based on repayments of a loan for the total amount with interest, finance from a dealer or some kind of lease deal?

Anyone else calculated the monthly cost for something like this?

Thanks

PS. I'm going for the Ferrari f430 in case you were interested :)

[Drewkerr]

Yeah its pretty easy. Just find a calculator online for finance.

http://www.myfico.com/

Right on the first page they have rates for 30year fixed mortgage, 15 year fixed and AUTO LOANS. Find your credit score and put in what your finance (ie. 200,000). Then you get a payment.

Another is http://www.bankrate.com they have lots of good calculators

[Drewkerr]

http://www.bankrate.com/brm/rate/auto_home.asp