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

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

    Auto loan interest is the cost of borrowing money to purchase a car. The lender will look at your credit score, debt-to-income ratio and other factors to determine what interest rate it offers.

  3. How to calculate loan payments and costs - AOL

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

    For the figures above, the loan payment formula would look like: 0.06 divided by 12 = 0.005. 0.005 x $20,000 = $100. In this example, you’d pay $100 in interest in the first month. As you ...

  4. Here's how to calculate the cost of your next car loan. - AOL

    www.aol.com/heres-calculate-cost-next-car...

    Lenders use several factors to determine your interest rates and APRs, including: Credit score. Amount of money borrowed. Length of the loan. Down payment. Type of vehicle (new vs. used) In ...

  5. How to calculate interest on a loan: Tools to make it easy

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

    You can calculate your total interest by using this formula: Principal loan amount x interest rate x loan term = interest. For example, if you take out a five-year loan for $20,000 and the ...

  6. Car finance - Wikipedia

    en.wikipedia.org/wiki/Car_finance

    Usually, car leases allow the lessee to drive the car for a certain number of miles for a certain number of years. The lessee pays a fixed monthly payment for the privilege of driving the vehicle, and when the lease ends, the lessee returns the vehicle to the lessor. The lessee pays only for the value of the vehicle for the term of the lease.

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

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

    3. Do Your Research. Armed with your credit score, it’s time to figure out what kind of car you realistically can afford. Go back to the 20/4/10 rule. If you bring home $4,200 a month after ...

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