First Bankers Corporation
CALCULATE THE DIFFERENCE BETWEEN
SAVING AND FINANCING

WAITING TO PURCHASE THE TRUCK YOU NEED NOW?
Buying today and financing your new truck may save you money!

WHY DOES IT COST LESS TO PAY INTEREST THAN WAIT?
Truck price inflation is added to a higher cost each year.
Interest is paid on a reducing balance each year.


Enter the current truck price and the estimated inflation rate to calculate
the future cost of the truck and the total payments if financed today.

ENTER current truck
price: (No Commas)
ENTER estimated
truck inflation rate:
%

In 1 Yr. In 3 Yrs. In 5 Yrs. In 7 Yrs. In 10 Yrs

IF YOU WAIT:
The cost of the truck will
increase to:
$0.00
$0.00
$0.00
$0.00
$0.00

IF YOU BUY AND FINANCE TODAY:
Your total cost, including interest, will be:
$0.00
$0.00
$0.00
$0.00
$0.00

Cost savings of buying
and financing now:
(Green is savings, Red is not)
$0.00
$0.00
$0.00
$0.00
$0.00


The savings do not include other potential operational savings such as lower maintenance, fuel, or insurance costs.

Note: This information is provided for example purposes only.




8910 Purdue Road, Suite 200
P.O. Box 781165
Indianapolis, IN 46268
Ph: (877) 888-1776 • (317) 824-1776
Fax: (877) 808-1776 • (317) 879-1812
scholarship@firstbankers.net
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