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

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

    As with other types of loans, the overall cost of a car loan comes down to one major factor: the annual percentage rate. The APR includes both interest and lender fees, expressed as a percentage.

  3. How to calculate loan payments and costs - AOL

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

    The formula for calculating your loan payment depends on whether you choose an amortizing or interest-only loan. Examples of amortizing loans include car loans, mortgages and personal loans ...

  4. How To Calculate APR: Your Guide - AOL

    www.aol.com/finance/calculate-apr-guide...

    Here’s how to calculate APR for a car loan in four steps: Get the total payment amount by multiplying the monthly payment by the term of the loan in months. Subtract the amount borrowed from the ...

  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. 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]

  7. Rule of 78s - Wikipedia

    en.wikipedia.org/wiki/Rule_of_78s

    The denominator of a Rule of 78s loan is the sum of the integers between 1 and n, inclusive, where n is the number of payments. For a twelve-month loan, the sum of numbers from 1 to 12 is 78 (1 + 2 + 3 + . . . +12 = 78). For a 24-month loan, the denominator is 300. The sum of the numbers from 1 to n is given by the equation n * (n+1) / 2.

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