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Math

Fire Truck Financing Payment Calculator

Payment Estimator

Estimate fire truck payment for budgeting purposes.

Fire Truck Justification Kit

Justifying Kit

Show your council buying a truck now makes financial sense.

Financing Kit

Learn options, best practices, common mistakes, and money saving ideas.

Fire Truck Financing Approach

Our Unique Approach

Our typical community saves over $11,000.

Why doesn’t a 1/4% lower rate save as much as you think?

 

Here’s what a 1/4% interest rate looks like as a decimal:                    .0025

(A 1/4% is one quarter of a 100th)

 

So when you borrow $100,000, your interest will be calculated like this:

$100,000  X  .0025  =   $250 for the first year, or $20.83 each month.

But, because your balance is reduced each year as you pay down the balance to zero, the impact for each payment is actually half of the first year’s interest or a little less than $12 per month.

 

Want to learn how First Bankers helps fire departments save thousands of dollars?

Click here to learn our unique approach

 

Call today toll-free at 877-323-1776 to learn more

FREE TOOLS AND INFORMATION

Get free tools and info for each step of your fire truck purchase

Early Stages

Justifying purchase, setting budget.

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FINALIZING TRUCK PURCHASE

Ready to sign contract, analyzing discount offers.

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FINANCING PURCHASE

Set payments, pay least cost, learn about financing.

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