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What is Automotive Credit Amortization Breakdown about?

This document presents an amortization table for an auto loan of $200,000 granted by BBVA Bancomer with an annual interest rate of 13.6% to be paid in 48 monthly installments. The initial payment was $122,968 and included a down payment of $100,000, insurance of $16,008, and fees of $6,960. The table shows the breakdown of each monthly payment between principal, interest, VAT, and includes additional information about the assumptions and limitations of the estimate.

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