Auto Loan Comparison Calculator

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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:
Dec, 2024 Dec, 2024
Payoff Date:
Nov, 2029 Nov, 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
Dec, 2024 1 $104.17 $298.46 $402.62 $24,701.54
Jan, 2025 2 $102.92 $299.70 $402.62 $24,401.84
Feb, 2025 3 $101.67 $300.95 $402.62 $24,100.89
Mar, 2025 4 $100.42 $302.20 $402.62 $23,798.69
Apr, 2025 5 $99.16 $303.46 $402.62 $23,495.23
May, 2025 6 $97.90 $304.73 $402.62 $23,190.50
Jun, 2025 7 $96.63 $306.00 $402.62 $22,884.51
Jul, 2025 8 $95.35 $307.27 $402.62 $22,577.24
Aug, 2025 9 $94.07 $308.55 $402.62 $22,268.68
Sep, 2025 10 $92.79 $309.84 $402.62 $21,958.85
Oct, 2025 11 $91.50 $311.13 $402.62 $21,647.72
Nov, 2025 12 $90.20 $312.42 $402.62 $21,335.29
Dec, 2025 13 $88.90 $313.73 $402.62 $21,021.57
Jan, 2026 14 $87.59 $315.03 $402.62 $20,706.53
Feb, 2026 15 $86.28 $316.35 $402.62 $20,390.19
Mar, 2026 16 $84.96 $317.66 $402.62 $20,072.52
Apr, 2026 17 $83.64 $318.99 $402.62 $19,753.54
May, 2026 18 $82.31 $320.32 $402.62 $19,433.22
Jun, 2026 19 $80.97 $321.65 $402.62 $19,111.57
Jul, 2026 20 $79.63 $322.99 $402.62 $18,788.58
Aug, 2026 21 $78.29 $324.34 $402.62 $18,464.24
Sep, 2026 22 $76.93 $325.69 $402.62 $18,138.55
Oct, 2026 23 $75.58 $327.05 $402.62 $17,811.50
Nov, 2026 24 $74.21 $328.41 $402.62 $17,483.09
Dec, 2026 25 $72.85 $329.78 $402.62 $17,153.32
Jan, 2027 26 $71.47 $331.15 $402.62 $16,822.17
Feb, 2027 27 $70.09 $332.53 $402.62 $16,489.64
Mar, 2027 28 $68.71 $333.92 $402.62 $16,155.72
Apr, 2027 29 $67.32 $335.31 $402.62 $15,820.41
May, 2027 30 $65.92 $336.70 $402.62 $15,483.71
Jun, 2027 31 $64.52 $338.11 $402.62 $15,145.60
Jul, 2027 32 $63.11 $339.52 $402.62 $14,806.08
Aug, 2027 33 $61.69 $340.93 $402.62 $14,465.15
Sep, 2027 34 $60.27 $342.35 $402.62 $14,122.80
Oct, 2027 35 $58.84 $343.78 $402.62 $13,779.02
Nov, 2027 36 $57.41 $345.21 $402.62 $13,433.81
Dec, 2027 37 $55.97 $346.65 $402.62 $13,087.16
Jan, 2028 38 $54.53 $348.09 $402.62 $12,739.07
Feb, 2028 39 $53.08 $349.54 $402.62 $12,389.52
Mar, 2028 40 $51.62 $351.00 $402.62 $12,038.52
Apr, 2028 41 $50.16 $352.46 $402.62 $11,686.06
May, 2028 42 $48.69 $353.93 $402.62 $11,332.13
Jun, 2028 43 $47.22 $355.41 $402.62 $10,976.72
Jul, 2028 44 $45.74 $356.89 $402.62 $10,619.84
Aug, 2028 45 $44.25 $358.37 $402.62 $10,261.46
Sep, 2028 46 $42.76 $359.87 $402.62 $9,901.59
Oct, 2028 47 $41.26 $361.37 $402.62 $9,540.23
Nov, 2028 48 $39.75 $362.87 $402.62 $9,177.35
Dec, 2028 49 $38.24 $364.38 $402.62 $8,812.97
Jan, 2029 50 $36.72 $365.90 $402.62 $8,447.07
Feb, 2029 51 $35.20 $367.43 $402.62 $8,079.64
Mar, 2029 52 $33.67 $368.96 $402.62 $7,710.68
Apr, 2029 53 $32.13 $370.50 $402.62 $7,340.19
May, 2029 54 $30.58 $372.04 $402.62 $6,968.15
Jun, 2029 55 $29.03 $373.59 $402.62 $6,594.56
Jul, 2029 56 $27.48 $375.15 $402.62 $6,219.41
Aug, 2029 57 $25.91 $376.71 $402.62 $5,842.70
Sep, 2029 58 $24.34 $378.28 $402.62 $5,464.42
Oct, 2029 59 $22.77 $379.85 $402.62 $5,084.57
Nov, 2029 60 $21.19 $381.44 $402.62 $4,703.13
Dec, 2029 61 $19.60 $383.03 $402.62 $4,320.11
Jan, 2030 62 $18.00 $384.62 $402.62 $3,935.48
Feb, 2030 63 $16.40 $386.23 $402.62 $3,549.26
Mar, 2030 64 $14.79 $387.83 $402.62 $3,161.42
Apr, 2030 65 $13.17 $389.45 $402.62 $2,771.97
May, 2030 66 $11.55 $391.07 $402.62 $2,380.90
Jun, 2030 67 $9.92 $392.70 $402.62 $1,988.20
Jul, 2030 68 $8.28 $394.34 $402.62 $1,593.86
Aug, 2030 69 $6.64 $395.98 $402.62 $1,197.87
Sep, 2030 70 $4.99 $397.63 $402.62 $800.24
Oct, 2030 71 $3.33 $399.29 $402.62 $400.95
Nov, 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
Dec, 2024 1 $93.75 $372.33 $466.08 $24,627.67
Jan, 2025 2 $92.35 $373.72 $466.08 $24,253.95
Feb, 2025 3 $90.95 $375.12 $466.08 $23,878.83
Mar, 2025 4 $89.55 $376.53 $466.08 $23,502.30
Apr, 2025 5 $88.13 $377.94 $466.08 $23,124.36
May, 2025 6 $86.72 $379.36 $466.08 $22,745.00
Jun, 2025 7 $85.29 $380.78 $466.08 $22,364.22
Jul, 2025 8 $83.87 $382.21 $466.08 $21,982.01
Aug, 2025 9 $82.43 $383.64 $466.08 $21,598.36
Sep, 2025 10 $80.99 $385.08 $466.08 $21,213.28
Oct, 2025 11 $79.55 $386.53 $466.08 $20,826.76
Nov, 2025 12 $78.10 $387.98 $466.08 $20,438.78
Dec, 2025 13 $76.65 $389.43 $466.08 $20,049.35
Jan, 2026 14 $75.19 $390.89 $466.08 $19,658.46
Feb, 2026 15 $73.72 $392.36 $466.08 $19,266.11
Mar, 2026 16 $72.25 $393.83 $466.08 $18,872.28
Apr, 2026 17 $70.77 $395.30 $466.08 $18,476.97
May, 2026 18 $69.29 $396.79 $466.08 $18,080.19
Jun, 2026 19 $67.80 $398.27 $466.08 $17,681.91
Jul, 2026 20 $66.31 $399.77 $466.08 $17,282.14
Aug, 2026 21 $64.81 $401.27 $466.08 $16,880.88
Sep, 2026 22 $63.30 $402.77 $466.08 $16,478.10
Oct, 2026 23 $61.79 $404.28 $466.08 $16,073.82
Nov, 2026 24 $60.28 $405.80 $466.08 $15,668.02
Dec, 2026 25 $58.76 $407.32 $466.08 $15,260.70
Jan, 2027 26 $57.23 $408.85 $466.08 $14,851.85
Feb, 2027 27 $55.69 $410.38 $466.08 $14,441.47
Mar, 2027 28 $54.16 $411.92 $466.08 $14,029.55
Apr, 2027 29 $52.61 $413.46 $466.08 $13,616.09
May, 2027 30 $51.06 $415.02 $466.08 $13,201.07
Jun, 2027 31 $49.50 $416.57 $466.08 $12,784.50
Jul, 2027 32 $47.94 $418.13 $466.08 $12,366.37
Aug, 2027 33 $46.37 $419.70 $466.08 $11,946.67
Sep, 2027 34 $44.80 $421.28 $466.08 $11,525.39
Oct, 2027 35 $43.22 $422.86 $466.08 $11,102.54
Nov, 2027 36 $41.63 $424.44 $466.08 $10,678.10
Dec, 2027 37 $40.04 $426.03 $466.08 $10,252.06
Jan, 2028 38 $38.45 $427.63 $466.08 $9,824.43
Feb, 2028 39 $36.84 $429.23 $466.08 $9,395.20
Mar, 2028 40 $35.23 $430.84 $466.08 $8,964.35
Apr, 2028 41 $33.62 $432.46 $466.08 $8,531.90
May, 2028 42 $31.99 $434.08 $466.08 $8,097.81
Jun, 2028 43 $30.37 $435.71 $466.08 $7,662.11
Jul, 2028 44 $28.73 $437.34 $466.08 $7,224.76
Aug, 2028 45 $27.09 $438.98 $466.08 $6,785.78
Sep, 2028 46 $25.45 $440.63 $466.08 $6,345.15
Oct, 2028 47 $23.79 $442.28 $466.08 $5,902.87
Nov, 2028 48 $22.14 $443.94 $466.08 $5,458.93
Dec, 2028 49 $20.47 $445.60 $466.08 $5,013.33
Jan, 2029 50 $18.80 $447.28 $466.08 $4,566.05
Feb, 2029 51 $17.12 $448.95 $466.08 $4,117.10
Mar, 2029 52 $15.44 $450.64 $466.08 $3,666.46
Apr, 2029 53 $13.75 $452.33 $466.08 $3,214.14
May, 2029 54 $12.05 $454.02 $466.08 $2,760.11
Jun, 2029 55 $10.35 $455.73 $466.08 $2,304.39
Jul, 2029 56 $8.64 $457.43 $466.08 $1,846.95
Aug, 2029 57 $6.93 $459.15 $466.08 $1,387.80
Sep, 2029 58 $5.20 $460.87 $466.08 $926.93
Oct, 2029 59 $3.48 $462.60 $466.08 $464.33
Nov, 2029 60 $1.74 $464.33 $466.08 $0.00


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