[stovt001]

OK, just let us know a few things: who are you buying the car from? Who are you obtaining the financing through? Who is this "she" that you mentioned?

Bottom line, financing a vehicle purchase should be a very simple arrangement. There should not be any complicating factors like "balloon payments". You should have a set principle amount - the amount borrowed, aka purchase price of the vehicle plus all fees, less down payment and trade in - term - which you specified at 60 months - and interest payments based on a fixed interest rate determined by your credit rating and the term of the loan. Your monthly payment should be fixed throughout the life of the loan, paying interest first and the remainder going to principle. Any deviation from this arrangement is highly suspect.

Similar to Blue Marlin, above, I received my degree in business economics, but I majored in Finance for two years before switching and I am beginning a new career in the finance sector. I'm not an expert, but I am somewhat educated on these matters.