Saturday, June 16, 2007

Payment Calculator Article

InterestratesCar loan calculators are easily found online in present day. Nothing to be impressed with really. Some companies offer easy to use car loan calculators on their sites and some provide extremely crude and   calculators.


Auto loan 4u has three main calculators they recommend as of late. One of them is a "home made" general amortorization calculator that can be used for any kind loan. There are some specific traits that car financing has with terms and rates so specific car loan calculators can be handy. (and handy is good right)


Capital one auto finance has a good car loan calculator and so does Eloan. You can find many more out their in cyberland if you do a little bit of surfing. I recommend you do a search online car loan calculator or auto loan calculator. If you are on this page then you have probably already done this. 


Just click the "calculator" link at the top or bottom of this page. And you can use any of the ones found in the directory. You can check back periodically to see which car loan calculators Terry is providing on this site. I'm not involved personally with what this site provides but I did see the amortorization calculators provided recently and I can whole heartily recommend them to you.


The only way we can plan our future cash flow is if we know the true cost of the monthly or weekly installments (payments) This is where the importance of having a reliable online car loan calculator comes in to play. I'm always surprised at what consumers pay in interest by the time their auto loan is paid.


Scary to say the least. You want to take a look at how much interest you are actually paying on your car loan. The wake up call can be sobering to be sure. Try to get that down payment up as high as can to avoid nasty interest costs.


 

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