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Download our free template to generate your own car loan amortization schedule with extra payments and read the article to learn to use this.
Use the Auto Loan Calculator worksheet to calculate the amount you will need to finance, based on the sales price of the car, destination charge, fees, sales tax, down payment, cash rebate, and trade-in value of an older auto.
Car Loan Amortization Schedule Excel Template. You can generate your car loan amortization schedule from this template by inserting the necessary input values. You will get your required regular payments to pay off the loan, and you will get your principal paid, interest paid, and remaining balance after each payment.
Learn how to make a car loan payment calculator in this introductory tutorial. Collect down payment, trade-in, interest rate, loan amount, and term length.
This Excel spreadsheet calculates your car loan payments. You also get a payment schedule & balance chart. You can change parameters and investigate how it affects the loan.
For instance, you can use Excel to calculate car loan transactions and payment amounts as well as the total interest paid over the life of a loan. In addition, you can use Excel to compare multiple scenarios in order to make sound financial decisions.
Calculate a Loan Payment in Excel For many people, affording a new car involves knowing what the monthly payment will be. To find out in Excel, you simply need the basic loan information and a handy function .