Auto loan calculator – calculation and builder of the schedule of payments on auto loans. This calculator will allow you to calculate the monthly payment on a car loan and print the resulting chart.
It calculates monthly payment schemes for two types of loans: annuities and classics, with monthly payments decreasing.
Auto loan calculator with amortization schedule table
Instructions for using the car loan calculator
Click on “Calculate” after choosing your loan terms and you will be able to calculate your monthly payment. Also available is the option of viewing a graph of the monthly amortization schedule table payments, which can be printed.
Step 1: Type the following details
- Car cost
- Down payment
- Payment schedule: Annuity/Classical
- Loan term: years/months
- Interest rate: years/months
- One-time commission: %/Amount
- Monthly commission: %/Amount
- Annual commission: %/Amount
Step 2: Refer to the table obtained from calculations
- Monthly payment
- Monthly commission
- Total overpayment
- Total amount of interest
- One-time commission
- Total monthly commissions
- Total annual commissions
- Overpayment in percentage
- Total debt amount
Step 3: You should make your own conclusions if you are able to purchase the vehicle
