Not exact matches
The bottom line is that if you'd like to get a new
car every two to three years, want to get the
maximum car for a minimal investment, and don't mind the fact that you'll always be making
monthly payments, then a lease is the right deal for you.
Based on your Other Financial Obligations: If you have other
monthly financial obligations, such as
car or credit card
payments, the lending institution will also apply the Total Debt Service Ratio test to determine the
maximum mortgage loan for which you can qualify.