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2. 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 ...

3. When Is an 84-Month Car Loan Worth Getting? - AOL

   www.aol.com/84-month-car-loan-worth-201700848.html

   Learn about long-term car loans, their pros and cons, and whether an 84-month car loan is worth it based on your financial situation and car-buying needs.

4. Average Car Payment Is $738/Month: 7 Models To Consider ... - AOL

   www.aol.com/average-car-payment-738-month...

   Here are some vehicles that have a typical monthly car payment of about $400 a month, according to financial and automotive experts. ... Loan term: 84 months (7 years) Interest rate: 6%.

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. Should you transfer a car loan to a credit card? - AOL

   www.aol.com/finance/transfer-car-loan-credit...

   For example, auto loan terms can exceed 84 months, while even the best introductory APR offers top out at 21 months. Having an auto loan with a longer repayment term means you’ll wind up paying ...

7. Why an 84-month auto loan is a clunker for your finances

   www.aol.com/news/why-84-month-auto-loan...

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