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Car Loan Calculator to calculate your monthly or biweekly car loan payment and export the car loan amortization schedule to excel. Auto loan calculator with trade in and sales tax has options for down payment, bi-weekly payment options and to show monthly and yearly amortization. The car loan amortization schedule excel with extra payments is exportable to excel and pdf, and you can view the amortization chart online. The only required fields are vehicle price, loan terms, and interest rate, all other fields are optional, you can simply leave them as 0. You have the option to include sales tax and other fees in your loan.
That car loan calculator has a printable car loan amortization schedule with extra payments excel that you can print, share or save as pdf.
The auto loan calculator with amortization chart is available for the Play Store. You can install the auto loan calculator app for free if you have an Android phone or device.
If you want to pay off your loan faster, you can consider using extra payments or making biweekly payments. Simply select the bi-weekly payment option to use the tool as a biweekly auto loan calculator. Biweekly payment allows you to make one extra payment each year than the monthly payment, and hence you will be able to pay off your auto loan faster and save some money on interest. Additionally, you can choose to pay a one time extra payment or recurring payments to reduce your principal and pay off your loan quicker.
Following are the auto loan terms
Vehicle Price - the purchase price of the vehicle or car value. Down Payment - how much are you putting down as your initial payment for your car. Loan Payment - how much loan are you applying for to finance the car. Loan Terms - how many years are you going to pay off your car loan. The most common auto loan terms are 2-7 years. Interest Rate - the annual interest rate for your auto loan. The interest rate may vary depending on your credit score. A good credit score will get you a lower interest rate and save a lot of money in interest payment. Payment Frequency - how often are you making your payments. Default is the monthly payment. You can choose a biweekly payment to pay off your loan faster. Trade in Value - do you have an old car that you can trade in with? This will reduce your payment for your new card. Other Fees - list any other costs and fees associated with buying the car. First Payment Date - if today is not the date of your first payment, you can choose any other date as the date that you will start to make payments. Amortization Schedule - you have the option to show your monthly amortization schedule or group them by year. Include all fees into the loan - check this checkbox if you wish to include all other costs and fees into the loan. Extra Payment - you can choose to make extra payments for your car loan.
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