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

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

    Use an auto loan calculator. Free, online auto loan calculators allow you to skip the pencil and paper and instantly determine your interest payment. These calculators allow you to find the ...

  3. How Much Car Can I Afford? How To Calculate - AOL

    www.aol.com/much-car-afford-calculate-212330885.html

    If you borrowed $20,000 to finance your car purchase, your monthly payment for four years would come in at about $475, according to Experian’s auto finance calculator.

  4. How to calculate loan payments and costs - AOL

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

    Starting loan balance. Monthly payment. Paid toward principal. Paid toward interest. New loan balance. Month 1. $20,000. $387. $287. $100. $19,713. Month 2. $19,713. $387

  5. Loan - Wikipedia

    en.wikipedia.org/wiki/Loan

    The duration of the loan is much shorter – often corresponding to the useful life of the car. There are two types of auto loans, direct and indirect. In a direct auto loan, a bank lends the money directly to a consumer. In an indirect auto loan, a car dealership (or a connected company) acts as an intermediary between the bank or financial ...

  6. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    Spot delivery (or spot financing) is a term used in the automobile industry that means delivery a vehicle to a buyer prior to financing on the vehicle being completed. [6] Spot delivery is used by dealerships on the weekend or after bank hours to be able to deliver a vehicle when a final approval cannot be received from a bank. [ 6 ]

  7. 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.

  8. 0% APR car deals: Are they worth it? - AOL

    www.aol.com/finance/0-apr-car-deals-worth...

    Numerous automakers offer interest-free auto loans to attract new, well-qualified customers and sell more vehicles. ... Using an auto finance calculator can help you compare 0 percent financing ...

  9. Personal contract purchase - Wikipedia

    en.wikipedia.org/wiki/Personal_contract_purchase

    The monthly payment amount is determined by the amount of the initial payment (the ‘deposit’), which can be negotiated with the financing company, and the final balloon payment, which is set by the financing company. The financing company is likely to be represented in this discussion by either a car dealer or automotive finance broker. [6]

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