Auto Loan Comparison Calculator



Auto Loan Comparison Calculator is used to compare two auto loans based on their interest rates, terms, and the loan amount.

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Auto Loan 1

Loan Amount
Loan Terms
years
Interest Rate

Auto Loan 2

Loan Amount
Loan Terms
years
Interest Rate
Amortization schedule
Show By Month Show By Year

Auto Loan Comparison Result

Loan
Auto Loan 1 Auto Loan 2
Loan Amount
$25,000.00 $25,000.00
Monthly Payment:
$402.62 $466.08
Total # Of Payments:
72 60
Start Date:
Feb, 2024 Feb, 2024
Payoff Date:
Jan, 2029 Jan, 2029
Total Interest Paid:
$3,988.88 $2,964.53
Total Payment:
$28,988.88 $27,964.53
Total Savings:
$0.00 $1,024.35


Auto Loan 1 Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Feb, 2024 1 $104.17 $298.46 $402.62 $24,701.54
Mar, 2024 2 $102.92 $299.70 $402.62 $24,401.84
Apr, 2024 3 $101.67 $300.95 $402.62 $24,100.89
May, 2024 4 $100.42 $302.20 $402.62 $23,798.69
Jun, 2024 5 $99.16 $303.46 $402.62 $23,495.23
Jul, 2024 6 $97.90 $304.73 $402.62 $23,190.50
Aug, 2024 7 $96.63 $306.00 $402.62 $22,884.51
Sep, 2024 8 $95.35 $307.27 $402.62 $22,577.24
Oct, 2024 9 $94.07 $308.55 $402.62 $22,268.68
Nov, 2024 10 $92.79 $309.84 $402.62 $21,958.85
Dec, 2024 11 $91.50 $311.13 $402.62 $21,647.72
Jan, 2025 12 $90.20 $312.42 $402.62 $21,335.29
Feb, 2025 13 $88.90 $313.73 $402.62 $21,021.57
Mar, 2025 14 $87.59 $315.03 $402.62 $20,706.53
Apr, 2025 15 $86.28 $316.35 $402.62 $20,390.19
May, 2025 16 $84.96 $317.66 $402.62 $20,072.52
Jun, 2025 17 $83.64 $318.99 $402.62 $19,753.54
Jul, 2025 18 $82.31 $320.32 $402.62 $19,433.22
Aug, 2025 19 $80.97 $321.65 $402.62 $19,111.57
Sep, 2025 20 $79.63 $322.99 $402.62 $18,788.58
Oct, 2025 21 $78.29 $324.34 $402.62 $18,464.24
Nov, 2025 22 $76.93 $325.69 $402.62 $18,138.55
Dec, 2025 23 $75.58 $327.05 $402.62 $17,811.50
Jan, 2026 24 $74.21 $328.41 $402.62 $17,483.09
Feb, 2026 25 $72.85 $329.78 $402.62 $17,153.32
Mar, 2026 26 $71.47 $331.15 $402.62 $16,822.17
Apr, 2026 27 $70.09 $332.53 $402.62 $16,489.64
May, 2026 28 $68.71 $333.92 $402.62 $16,155.72
Jun, 2026 29 $67.32 $335.31 $402.62 $15,820.41
Jul, 2026 30 $65.92 $336.70 $402.62 $15,483.71
Aug, 2026 31 $64.52 $338.11 $402.62 $15,145.60
Sep, 2026 32 $63.11 $339.52 $402.62 $14,806.08
Oct, 2026 33 $61.69 $340.93 $402.62 $14,465.15
Nov, 2026 34 $60.27 $342.35 $402.62 $14,122.80
Dec, 2026 35 $58.84 $343.78 $402.62 $13,779.02
Jan, 2027 36 $57.41 $345.21 $402.62 $13,433.81
Feb, 2027 37 $55.97 $346.65 $402.62 $13,087.16
Mar, 2027 38 $54.53 $348.09 $402.62 $12,739.07
Apr, 2027 39 $53.08 $349.54 $402.62 $12,389.52
May, 2027 40 $51.62 $351.00 $402.62 $12,038.52
Jun, 2027 41 $50.16 $352.46 $402.62 $11,686.06
Jul, 2027 42 $48.69 $353.93 $402.62 $11,332.13
Aug, 2027 43 $47.22 $355.41 $402.62 $10,976.72
Sep, 2027 44 $45.74 $356.89 $402.62 $10,619.84
Oct, 2027 45 $44.25 $358.37 $402.62 $10,261.46
Nov, 2027 46 $42.76 $359.87 $402.62 $9,901.59
Dec, 2027 47 $41.26 $361.37 $402.62 $9,540.23
Jan, 2028 48 $39.75 $362.87 $402.62 $9,177.35
Feb, 2028 49 $38.24 $364.38 $402.62 $8,812.97
Mar, 2028 50 $36.72 $365.90 $402.62 $8,447.07
Apr, 2028 51 $35.20 $367.43 $402.62 $8,079.64
May, 2028 52 $33.67 $368.96 $402.62 $7,710.68
Jun, 2028 53 $32.13 $370.50 $402.62 $7,340.19
Jul, 2028 54 $30.58 $372.04 $402.62 $6,968.15
Aug, 2028 55 $29.03 $373.59 $402.62 $6,594.56
Sep, 2028 56 $27.48 $375.15 $402.62 $6,219.41
Oct, 2028 57 $25.91 $376.71 $402.62 $5,842.70
Nov, 2028 58 $24.34 $378.28 $402.62 $5,464.42
Dec, 2028 59 $22.77 $379.85 $402.62 $5,084.57
Jan, 2029 60 $21.19 $381.44 $402.62 $4,703.13
Feb, 2029 61 $19.60 $383.03 $402.62 $4,320.11
Mar, 2029 62 $18.00 $384.62 $402.62 $3,935.48
Apr, 2029 63 $16.40 $386.23 $402.62 $3,549.26
May, 2029 64 $14.79 $387.83 $402.62 $3,161.42
Jun, 2029 65 $13.17 $389.45 $402.62 $2,771.97
Jul, 2029 66 $11.55 $391.07 $402.62 $2,380.90
Aug, 2029 67 $9.92 $392.70 $402.62 $1,988.20
Sep, 2029 68 $8.28 $394.34 $402.62 $1,593.86
Oct, 2029 69 $6.64 $395.98 $402.62 $1,197.87
Nov, 2029 70 $4.99 $397.63 $402.62 $800.24
Dec, 2029 71 $3.33 $399.29 $402.62 $400.95
Jan, 2030 72 $1.67 $400.95 $402.62 $0.00

Auto Loan 2 Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Feb, 2024 1 $93.75 $372.33 $466.08 $24,627.67
Mar, 2024 2 $92.35 $373.72 $466.08 $24,253.95
Apr, 2024 3 $90.95 $375.12 $466.08 $23,878.83
May, 2024 4 $89.55 $376.53 $466.08 $23,502.30
Jun, 2024 5 $88.13 $377.94 $466.08 $23,124.36
Jul, 2024 6 $86.72 $379.36 $466.08 $22,745.00
Aug, 2024 7 $85.29 $380.78 $466.08 $22,364.22
Sep, 2024 8 $83.87 $382.21 $466.08 $21,982.01
Oct, 2024 9 $82.43 $383.64 $466.08 $21,598.36
Nov, 2024 10 $80.99 $385.08 $466.08 $21,213.28
Dec, 2024 11 $79.55 $386.53 $466.08 $20,826.76
Jan, 2025 12 $78.10 $387.98 $466.08 $20,438.78
Feb, 2025 13 $76.65 $389.43 $466.08 $20,049.35
Mar, 2025 14 $75.19 $390.89 $466.08 $19,658.46
Apr, 2025 15 $73.72 $392.36 $466.08 $19,266.11
May, 2025 16 $72.25 $393.83 $466.08 $18,872.28
Jun, 2025 17 $70.77 $395.30 $466.08 $18,476.97
Jul, 2025 18 $69.29 $396.79 $466.08 $18,080.19
Aug, 2025 19 $67.80 $398.27 $466.08 $17,681.91
Sep, 2025 20 $66.31 $399.77 $466.08 $17,282.14
Oct, 2025 21 $64.81 $401.27 $466.08 $16,880.88
Nov, 2025 22 $63.30 $402.77 $466.08 $16,478.10
Dec, 2025 23 $61.79 $404.28 $466.08 $16,073.82
Jan, 2026 24 $60.28 $405.80 $466.08 $15,668.02
Feb, 2026 25 $58.76 $407.32 $466.08 $15,260.70
Mar, 2026 26 $57.23 $408.85 $466.08 $14,851.85
Apr, 2026 27 $55.69 $410.38 $466.08 $14,441.47
May, 2026 28 $54.16 $411.92 $466.08 $14,029.55
Jun, 2026 29 $52.61 $413.46 $466.08 $13,616.09
Jul, 2026 30 $51.06 $415.02 $466.08 $13,201.07
Aug, 2026 31 $49.50 $416.57 $466.08 $12,784.50
Sep, 2026 32 $47.94 $418.13 $466.08 $12,366.37
Oct, 2026 33 $46.37 $419.70 $466.08 $11,946.67
Nov, 2026 34 $44.80 $421.28 $466.08 $11,525.39
Dec, 2026 35 $43.22 $422.86 $466.08 $11,102.54
Jan, 2027 36 $41.63 $424.44 $466.08 $10,678.10
Feb, 2027 37 $40.04 $426.03 $466.08 $10,252.06
Mar, 2027 38 $38.45 $427.63 $466.08 $9,824.43
Apr, 2027 39 $36.84 $429.23 $466.08 $9,395.20
May, 2027 40 $35.23 $430.84 $466.08 $8,964.35
Jun, 2027 41 $33.62 $432.46 $466.08 $8,531.90
Jul, 2027 42 $31.99 $434.08 $466.08 $8,097.81
Aug, 2027 43 $30.37 $435.71 $466.08 $7,662.11
Sep, 2027 44 $28.73 $437.34 $466.08 $7,224.76
Oct, 2027 45 $27.09 $438.98 $466.08 $6,785.78
Nov, 2027 46 $25.45 $440.63 $466.08 $6,345.15
Dec, 2027 47 $23.79 $442.28 $466.08 $5,902.87
Jan, 2028 48 $22.14 $443.94 $466.08 $5,458.93
Feb, 2028 49 $20.47 $445.60 $466.08 $5,013.33
Mar, 2028 50 $18.80 $447.28 $466.08 $4,566.05
Apr, 2028 51 $17.12 $448.95 $466.08 $4,117.10
May, 2028 52 $15.44 $450.64 $466.08 $3,666.46
Jun, 2028 53 $13.75 $452.33 $466.08 $3,214.14
Jul, 2028 54 $12.05 $454.02 $466.08 $2,760.11
Aug, 2028 55 $10.35 $455.73 $466.08 $2,304.39
Sep, 2028 56 $8.64 $457.43 $466.08 $1,846.95
Oct, 2028 57 $6.93 $459.15 $466.08 $1,387.80
Nov, 2028 58 $5.20 $460.87 $466.08 $926.93
Dec, 2028 59 $3.48 $462.60 $466.08 $464.33
Jan, 2029 60 $1.74 $464.33 $466.08 $0.00


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