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2. How to calculate interest on a car loan - AOL

   www.aol.com/finance/calculate-interest-car-loan...

   Free, online auto loan calculators allow you to skip the pencil and paper and instantly determine your interest payment. ... As with other types of loans, the overall cost of a car loan comes down ...

3. How to calculate loan payments and costs - AOL

   www.aol.com/finance/calculate-loan-payments...

   Car loans are a type of amortizing loan. Let’s say you took out an auto loan for $20,000 with an APR of 6 percent and a five-year repayment timeline. Here’s how you would calculate loan ...

4. Car finance - Wikipedia

   en.wikipedia.org/wiki/Car_finance

   Indirect financing is arranged by the car dealership where the car is purchased. Legally, an indirect “loan” is not technically a loan; when a car buyer obtains financing facilitated by a dealership, the buyer and dealer sign a Retail Installment Sales Contract rather than a loan agreement.

5. Amortization calculator - Wikipedia

   en.wikipedia.org/wiki/Amortization_calculator

   An amortization calculator is used to determine the periodic payment amount due on a loan (typically a mortgage), based on the amortization process.. The amortization repayment model factors varying amounts of both interest and principal into every installment, though the total amount of each payment is the same.

6. Rule of 78s - Wikipedia

   en.wikipedia.org/wiki/Rule_of_78s

   A loan of $3000 can be broken into three $1000 payments, and a total interest of $60 into six. During the first month of the loan, the borrower has use of all three $1000 (3/3) amounts. Hence the borrower should pay three of the $10 interest fees. At the end of the month, the borrower pays back one $1000 and the $30 interest.

7. How to Get the Best Auto Loan Rates as a First-Time Car Buyer

   www.aol.com/finance/best-auto-loan-rates-first...

   For first-time car buyers, one of the most daunting parts of negotiating a good deal right now is interest rates.The average auto loan rate for someone with excellent credit is 5.25%, according to ...