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

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

    As long as you know the principal, loan term and interest rate, you should be able to estimate your monthly payment — and the total interest you will pay. Use an auto loan calculator.

  3. Does Paying Principal Lower Car Payments? - AOL

    www.aol.com/does-paying-principal-lower-car...

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

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

    A $25,000 car loan financed over five years at a 4 percent interest rate requires a monthly payment of $460. You can use an auto loan calculator to do the math for your prospective loan.

  7. Closed-end credit - Wikipedia

    en.wikipedia.org/wiki/Closed-end_credit

    Auto loans are especially beneficial in this respect. Successful management of a closed-end credit is a very demonstrative indicator for future lenders. The peculiar feature of closed-end credits is that they preserve the same interest rate level and the loan principal is not increased after the disbursement of funds or after the partial repayment.

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