Quote:
Originally Posted by Mav007
Thank You very much. So if i get it right the monthly EMI is calculated 1st & then you decide how many MSDs you would like to do which further reduces the MF & eventually the EMIs or I'm completely missing something here?
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I actually think its the other way around. You have you monthly payment established after you tell them how many MSD's. Then you round up to the nearest $50 multiply that by the number of MSDs.
Someone correct me if I'm wrong.