Online Calculators > Financial Calculators > Auto Loan Comparison Calculator

Auto Loan Comparison Calculator

Auto Loan Comparison Calculator to compare two auto loans and see which one is a better deal. The car loan comparison calculator will calculate the monthly payments for both auto loans and compare the total payment, interest, payoff date and total savings. Get two auto loan amortization schedules and decide which auto loan is the best for you.

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
$30,000.00 $30,000.00
Monthly Payment:
$566.14 $885.72
Total # Of Payments:
60 36
Start Date:
Aug, 2020 Aug, 2020
Payoff Date:
Jul, 2023 Jul, 2023
Total Interest Paid:
$3,968.22 $1,885.90
Total Payment:
$33,968.22 $31,885.90
Total Savings:
$0.00 $2,082.32

Auto Loan 1 Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Aug, 2020 1 $125.00 $441.14 $566.14 $29,558.86
Sep, 2020 2 $123.16 $442.98 $566.14 $29,115.89
Oct, 2020 3 $121.32 $444.82 $566.14 $28,671.07
Nov, 2020 4 $119.46 $446.67 $566.14 $28,224.39
Dec, 2020 5 $117.60 $448.54 $566.14 $27,775.86
Jan, 2021 6 $115.73 $450.40 $566.14 $27,325.45
Feb, 2021 7 $113.86 $452.28 $566.14 $26,873.17
Mar, 2021 8 $111.97 $454.17 $566.14 $26,419.01
Apr, 2021 9 $110.08 $456.06 $566.14 $25,962.95
May, 2021 10 $108.18 $457.96 $566.14 $25,504.99
Jun, 2021 11 $106.27 $459.87 $566.14 $25,045.12
Jul, 2021 12 $104.35 $461.78 $566.14 $24,583.34
Aug, 2021 13 $102.43 $463.71 $566.14 $24,119.64
Sep, 2021 14 $100.50 $465.64 $566.14 $23,654.00
Oct, 2021 15 $98.56 $467.58 $566.14 $23,186.42
Nov, 2021 16 $96.61 $469.53 $566.14 $22,716.89
Dec, 2021 17 $94.65 $471.48 $566.14 $22,245.41
Jan, 2022 18 $92.69 $473.45 $566.14 $21,771.96
Feb, 2022 19 $90.72 $475.42 $566.14 $21,296.54
Mar, 2022 20 $88.74 $477.40 $566.14 $20,819.14
Apr, 2022 21 $86.75 $479.39 $566.14 $20,339.75
May, 2022 22 $84.75 $481.39 $566.14 $19,858.36
Jun, 2022 23 $82.74 $483.39 $566.14 $19,374.97
Jul, 2022 24 $80.73 $485.41 $566.14 $18,889.56
Aug, 2022 25 $78.71 $487.43 $566.14 $18,402.13
Sep, 2022 26 $76.68 $489.46 $566.14 $17,912.67
Oct, 2022 27 $74.64 $491.50 $566.14 $17,421.17
Nov, 2022 28 $72.59 $493.55 $566.14 $16,927.62
Dec, 2022 29 $70.53 $495.61 $566.14 $16,432.01
Jan, 2023 30 $68.47 $497.67 $566.14 $15,934.34
Feb, 2023 31 $66.39 $499.74 $566.14 $15,434.60
Mar, 2023 32 $64.31 $501.83 $566.14 $14,932.77
Apr, 2023 33 $62.22 $503.92 $566.14 $14,428.85
May, 2023 34 $60.12 $506.02 $566.14 $13,922.84
Jun, 2023 35 $58.01 $508.13 $566.14 $13,414.71
Jul, 2023 36 $55.89 $510.24 $566.14 $12,904.47
Aug, 2023 37 $53.77 $512.37 $566.14 $12,392.10
Sep, 2023 38 $51.63 $514.50 $566.14 $11,877.60
Oct, 2023 39 $49.49 $516.65 $566.14 $11,360.95
Nov, 2023 40 $47.34 $518.80 $566.14 $10,842.15
Dec, 2023 41 $45.18 $520.96 $566.14 $10,321.19
Jan, 2024 42 $43.00 $523.13 $566.14 $9,798.06
Feb, 2024 43 $40.83 $525.31 $566.14 $9,272.75
Mar, 2024 44 $38.64 $527.50 $566.14 $8,745.25
Apr, 2024 45 $36.44 $529.70 $566.14 $8,215.55
May, 2024 46 $34.23 $531.91 $566.14 $7,683.64
Jun, 2024 47 $32.02 $534.12 $566.14 $7,149.52
Jul, 2024 48 $29.79 $536.35 $566.14 $6,613.17
Aug, 2024 49 $27.55 $538.58 $566.14 $6,074.59
Sep, 2024 50 $25.31 $540.83 $566.14 $5,533.76
Oct, 2024 51 $23.06 $543.08 $566.14 $4,990.68
Nov, 2024 52 $20.79 $545.34 $566.14 $4,445.34
Dec, 2024 53 $18.52 $547.61 $566.14 $3,897.73
Jan, 2025 54 $16.24 $549.90 $566.14 $3,347.83
Feb, 2025 55 $13.95 $552.19 $566.14 $2,795.64
Mar, 2025 56 $11.65 $554.49 $566.14 $2,241.15
Apr, 2025 57 $9.34 $556.80 $566.14 $1,684.36
May, 2025 58 $7.02 $559.12 $566.14 $1,125.24
Jun, 2025 59 $4.69 $561.45 $566.14 $563.79
Jul, 2025 60 $2.35 $563.79 $566.14 $0.00

Auto Loan 2 Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Aug, 2020 1 $100.00 $785.72 $885.72 $29,214.28
Sep, 2020 2 $97.38 $788.34 $885.72 $28,425.94
Oct, 2020 3 $94.75 $790.97 $885.72 $27,634.98
Nov, 2020 4 $92.12 $793.60 $885.72 $26,841.37
Dec, 2020 5 $89.47 $796.25 $885.72 $26,045.12
Jan, 2021 6 $86.82 $798.90 $885.72 $25,246.22
Feb, 2021 7 $84.15 $801.57 $885.72 $24,444.66
Mar, 2021 8 $81.48 $804.24 $885.72 $23,640.42
Apr, 2021 9 $78.80 $806.92 $885.72 $22,833.50
May, 2021 10 $76.11 $809.61 $885.72 $22,023.89
Jun, 2021 11 $73.41 $812.31 $885.72 $21,211.59
Jul, 2021 12 $70.71 $815.01 $885.72 $20,396.57
Aug, 2021 13 $67.99 $817.73 $885.72 $19,578.84
Sep, 2021 14 $65.26 $820.46 $885.72 $18,758.38
Oct, 2021 15 $62.53 $823.19 $885.72 $17,935.19
Nov, 2021 16 $59.78 $825.94 $885.72 $17,109.26
Dec, 2021 17 $57.03 $828.69 $885.72 $16,280.57
Jan, 2022 18 $54.27 $831.45 $885.72 $15,449.12
Feb, 2022 19 $51.50 $834.22 $885.72 $14,614.89
Mar, 2022 20 $48.72 $837.00 $885.72 $13,777.89
Apr, 2022 21 $45.93 $839.79 $885.72 $12,938.10
May, 2022 22 $43.13 $842.59 $885.72 $12,095.51
Jun, 2022 23 $40.32 $845.40 $885.72 $11,250.10
Jul, 2022 24 $37.50 $848.22 $885.72 $10,401.89
Aug, 2022 25 $34.67 $851.05 $885.72 $9,550.84
Sep, 2022 26 $31.84 $853.88 $885.72 $8,696.96
Oct, 2022 27 $28.99 $856.73 $885.72 $7,840.23
Nov, 2022 28 $26.13 $859.59 $885.72 $6,980.64
Dec, 2022 29 $23.27 $862.45 $885.72 $6,118.19
Jan, 2023 30 $20.39 $865.33 $885.72 $5,252.86
Feb, 2023 31 $17.51 $868.21 $885.72 $4,384.65
Mar, 2023 32 $14.62 $871.10 $885.72 $3,513.55
Apr, 2023 33 $11.71 $874.01 $885.72 $2,639.54
May, 2023 34 $8.80 $876.92 $885.72 $1,762.62
Jun, 2023 35 $5.88 $879.84 $885.72 $882.78
Jul, 2023 36 $2.94 $882.78 $885.72 $0.00

Electrical Calculators
Real Estate Calculators
Accounting Calculators
Business Calculators
Construction Calculators
Sports Calculators



Financial Calculators
Compound Interest Calculator
Mortgage Calculator
How Much House Can I Afford
Loan Calculator
Stock Calculator
Investment Calculator
Retirement Calculator
401k Calculator
eBay Fee Calculator
PayPal Fee Calculator
Etsy Fee Calculator
Markup Calculator
TVM Calculator
LTV Calculator
Annuity Calculator
How Much do I Make a Year

Math Calculators
Mixed Number to Decimal
Ratio Simplifier
Percentage Calculator

Health Calculators
BMI Calculator
Weight Loss Calculator

Conversion
CM to Feet and Inches
MM to Inches

Others
How Old am I
Random Name Picker
Random Number Generator
Multiplication Chart
Strong Password Geneartor