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.

Car Loan Comparison Calculator

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:
Jun, 2023 Jun, 2023
Payoff Date:
May, 2028 May, 2028
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
Jun, 2023 1 $104.17 $298.46 $402.62 $24,701.54
Jul, 2023 2 $102.92 $299.70 $402.62 $24,401.84
Aug, 2023 3 $101.67 $300.95 $402.62 $24,100.89
Sep, 2023 4 $100.42 $302.20 $402.62 $23,798.69
Oct, 2023 5 $99.16 $303.46 $402.62 $23,495.23
Nov, 2023 6 $97.90 $304.73 $402.62 $23,190.50
Dec, 2023 7 $96.63 $306.00 $402.62 $22,884.51
Jan, 2024 8 $95.35 $307.27 $402.62 $22,577.24
Feb, 2024 9 $94.07 $308.55 $402.62 $22,268.68
Mar, 2024 10 $92.79 $309.84 $402.62 $21,958.85
Apr, 2024 11 $91.50 $311.13 $402.62 $21,647.72
May, 2024 12 $90.20 $312.42 $402.62 $21,335.29
Jun, 2024 13 $88.90 $313.73 $402.62 $21,021.57
Jul, 2024 14 $87.59 $315.03 $402.62 $20,706.53
Aug, 2024 15 $86.28 $316.35 $402.62 $20,390.19
Sep, 2024 16 $84.96 $317.66 $402.62 $20,072.52
Oct, 2024 17 $83.64 $318.99 $402.62 $19,753.54
Nov, 2024 18 $82.31 $320.32 $402.62 $19,433.22
Dec, 2024 19 $80.97 $321.65 $402.62 $19,111.57
Jan, 2025 20 $79.63 $322.99 $402.62 $18,788.58
Feb, 2025 21 $78.29 $324.34 $402.62 $18,464.24
Mar, 2025 22 $76.93 $325.69 $402.62 $18,138.55
Apr, 2025 23 $75.58 $327.05 $402.62 $17,811.50
May, 2025 24 $74.21 $328.41 $402.62 $17,483.09
Jun, 2025 25 $72.85 $329.78 $402.62 $17,153.32
Jul, 2025 26 $71.47 $331.15 $402.62 $16,822.17
Aug, 2025 27 $70.09 $332.53 $402.62 $16,489.64
Sep, 2025 28 $68.71 $333.92 $402.62 $16,155.72
Oct, 2025 29 $67.32 $335.31 $402.62 $15,820.41
Nov, 2025 30 $65.92 $336.70 $402.62 $15,483.71
Dec, 2025 31 $64.52 $338.11 $402.62 $15,145.60
Jan, 2026 32 $63.11 $339.52 $402.62 $14,806.08
Feb, 2026 33 $61.69 $340.93 $402.62 $14,465.15
Mar, 2026 34 $60.27 $342.35 $402.62 $14,122.80
Apr, 2026 35 $58.84 $343.78 $402.62 $13,779.02
May, 2026 36 $57.41 $345.21 $402.62 $13,433.81
Jun, 2026 37 $55.97 $346.65 $402.62 $13,087.16
Jul, 2026 38 $54.53 $348.09 $402.62 $12,739.07
Aug, 2026 39 $53.08 $349.54 $402.62 $12,389.52
Sep, 2026 40 $51.62 $351.00 $402.62 $12,038.52
Oct, 2026 41 $50.16 $352.46 $402.62 $11,686.06
Nov, 2026 42 $48.69 $353.93 $402.62 $11,332.13
Dec, 2026 43 $47.22 $355.41 $402.62 $10,976.72
Jan, 2027 44 $45.74 $356.89 $402.62 $10,619.84
Feb, 2027 45 $44.25 $358.37 $402.62 $10,261.46
Mar, 2027 46 $42.76 $359.87 $402.62 $9,901.59
Apr, 2027 47 $41.26 $361.37 $402.62 $9,540.23
May, 2027 48 $39.75 $362.87 $402.62 $9,177.35
Jun, 2027 49 $38.24 $364.38 $402.62 $8,812.97
Jul, 2027 50 $36.72 $365.90 $402.62 $8,447.07
Aug, 2027 51 $35.20 $367.43 $402.62 $8,079.64
Sep, 2027 52 $33.67 $368.96 $402.62 $7,710.68
Oct, 2027 53 $32.13 $370.50 $402.62 $7,340.19
Nov, 2027 54 $30.58 $372.04 $402.62 $6,968.15
Dec, 2027 55 $29.03 $373.59 $402.62 $6,594.56
Jan, 2028 56 $27.48 $375.15 $402.62 $6,219.41
Feb, 2028 57 $25.91 $376.71 $402.62 $5,842.70
Mar, 2028 58 $24.34 $378.28 $402.62 $5,464.42
Apr, 2028 59 $22.77 $379.85 $402.62 $5,084.57
May, 2028 60 $21.19 $381.44 $402.62 $4,703.13
Jun, 2028 61 $19.60 $383.03 $402.62 $4,320.11
Jul, 2028 62 $18.00 $384.62 $402.62 $3,935.48
Aug, 2028 63 $16.40 $386.23 $402.62 $3,549.26
Sep, 2028 64 $14.79 $387.83 $402.62 $3,161.42
Oct, 2028 65 $13.17 $389.45 $402.62 $2,771.97
Nov, 2028 66 $11.55 $391.07 $402.62 $2,380.90
Dec, 2028 67 $9.92 $392.70 $402.62 $1,988.20
Jan, 2029 68 $8.28 $394.34 $402.62 $1,593.86
Feb, 2029 69 $6.64 $395.98 $402.62 $1,197.87
Mar, 2029 70 $4.99 $397.63 $402.62 $800.24
Apr, 2029 71 $3.33 $399.29 $402.62 $400.95
May, 2029 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
Jun, 2023 1 $93.75 $372.33 $466.08 $24,627.67
Jul, 2023 2 $92.35 $373.72 $466.08 $24,253.95
Aug, 2023 3 $90.95 $375.12 $466.08 $23,878.83
Sep, 2023 4 $89.55 $376.53 $466.08 $23,502.30
Oct, 2023 5 $88.13 $377.94 $466.08 $23,124.36
Nov, 2023 6 $86.72 $379.36 $466.08 $22,745.00
Dec, 2023 7 $85.29 $380.78 $466.08 $22,364.22
Jan, 2024 8 $83.87 $382.21 $466.08 $21,982.01
Feb, 2024 9 $82.43 $383.64 $466.08 $21,598.36
Mar, 2024 10 $80.99 $385.08 $466.08 $21,213.28
Apr, 2024 11 $79.55 $386.53 $466.08 $20,826.76
May, 2024 12 $78.10 $387.98 $466.08 $20,438.78
Jun, 2024 13 $76.65 $389.43 $466.08 $20,049.35
Jul, 2024 14 $75.19 $390.89 $466.08 $19,658.46
Aug, 2024 15 $73.72 $392.36 $466.08 $19,266.11
Sep, 2024 16 $72.25 $393.83 $466.08 $18,872.28
Oct, 2024 17 $70.77 $395.30 $466.08 $18,476.97
Nov, 2024 18 $69.29 $396.79 $466.08 $18,080.19
Dec, 2024 19 $67.80 $398.27 $466.08 $17,681.91
Jan, 2025 20 $66.31 $399.77 $466.08 $17,282.14
Feb, 2025 21 $64.81 $401.27 $466.08 $16,880.88
Mar, 2025 22 $63.30 $402.77 $466.08 $16,478.10
Apr, 2025 23 $61.79 $404.28 $466.08 $16,073.82
May, 2025 24 $60.28 $405.80 $466.08 $15,668.02
Jun, 2025 25 $58.76 $407.32 $466.08 $15,260.70
Jul, 2025 26 $57.23 $408.85 $466.08 $14,851.85
Aug, 2025 27 $55.69 $410.38 $466.08 $14,441.47
Sep, 2025 28 $54.16 $411.92 $466.08 $14,029.55
Oct, 2025 29 $52.61 $413.46 $466.08 $13,616.09
Nov, 2025 30 $51.06 $415.02 $466.08 $13,201.07
Dec, 2025 31 $49.50 $416.57 $466.08 $12,784.50
Jan, 2026 32 $47.94 $418.13 $466.08 $12,366.37
Feb, 2026 33 $46.37 $419.70 $466.08 $11,946.67
Mar, 2026 34 $44.80 $421.28 $466.08 $11,525.39
Apr, 2026 35 $43.22 $422.86 $466.08 $11,102.54
May, 2026 36 $41.63 $424.44 $466.08 $10,678.10
Jun, 2026 37 $40.04 $426.03 $466.08 $10,252.06
Jul, 2026 38 $38.45 $427.63 $466.08 $9,824.43
Aug, 2026 39 $36.84 $429.23 $466.08 $9,395.20
Sep, 2026 40 $35.23 $430.84 $466.08 $8,964.35
Oct, 2026 41 $33.62 $432.46 $466.08 $8,531.90
Nov, 2026 42 $31.99 $434.08 $466.08 $8,097.81
Dec, 2026 43 $30.37 $435.71 $466.08 $7,662.11
Jan, 2027 44 $28.73 $437.34 $466.08 $7,224.76
Feb, 2027 45 $27.09 $438.98 $466.08 $6,785.78
Mar, 2027 46 $25.45 $440.63 $466.08 $6,345.15
Apr, 2027 47 $23.79 $442.28 $466.08 $5,902.87
May, 2027 48 $22.14 $443.94 $466.08 $5,458.93
Jun, 2027 49 $20.47 $445.60 $466.08 $5,013.33
Jul, 2027 50 $18.80 $447.28 $466.08 $4,566.05
Aug, 2027 51 $17.12 $448.95 $466.08 $4,117.10
Sep, 2027 52 $15.44 $450.64 $466.08 $3,666.46
Oct, 2027 53 $13.75 $452.33 $466.08 $3,214.14
Nov, 2027 54 $12.05 $454.02 $466.08 $2,760.11
Dec, 2027 55 $10.35 $455.73 $466.08 $2,304.39
Jan, 2028 56 $8.64 $457.43 $466.08 $1,846.95
Feb, 2028 57 $6.93 $459.15 $466.08 $1,387.80
Mar, 2028 58 $5.20 $460.87 $466.08 $926.93
Apr, 2028 59 $3.48 $462.60 $466.08 $464.33
May, 2028 60 $1.74 $464.33 $466.08 $0.00


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