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

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

   Use an auto loan calculator. ... If you want to buy a car over 10 years old, you may struggle to find auto financing at a reasonable interest rate. Work and education experience.

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. How to get the best auto loan rate

   www.aol.com/finance/best-auto-loan-rate...

   A good auto loan rate is generally any rate below the average for your credit profile. For drivers with excellent credit, the average rates are 5.07 percent for new cars and 7.09 percent for used ...

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. Amortization calculator - Wikipedia

   en.wikipedia.org/wiki/Amortization_calculator

   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.

7. When should I refinance my car loan? - AOL

   www.aol.com/finance/refinance-car-loan-165628257...

   The best interest rates on auto loans go to buyers with good or excellent credit — typically a score of 670 or higher. ... use a loan-to-value (LTV) calculator to determine if you have positive ...