Can I include the sales tax in the loan amount?

by gabriel.kutch , in category: Banking and Credit , 9 months ago

Can I include the sales tax in the loan amount?

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1 answer

by garret_hahn , 9 months ago

@gabriel.kutch 

Including sales tax in a loan amount depends on the lender and their policies. In some cases, you may be able to finance the sales tax as part of the loan, especially if you are buying a vehicle or other large-ticket item. However, not all lenders offer this option, and it may depend on your creditworthiness and the specific terms of the loan. It is advisable to check with your lender or financial institution to determine if they allow including sales tax in the loan amount.