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:
Nov, 2019 Nov, 2019
Payoff Date:
Oct, 2022 Oct, 2022
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
Nov, 2019 1 $125.00 $441.14 $566.14 $29,558.86
Dec, 2019 2 $123.16 $442.98 $566.14 $29,115.89
Jan, 2020 3 $121.32 $444.82 $566.14 $28,671.07
Feb, 2020 4 $119.46 $446.67 $566.14 $28,224.39
Mar, 2020 5 $117.60 $448.54 $566.14 $27,775.86
Apr, 2020 6 $115.73 $450.40 $566.14 $27,325.45
May, 2020 7 $113.86 $452.28 $566.14 $26,873.17
Jun, 2020 8 $111.97 $454.17 $566.14 $26,419.01
Jul, 2020 9 $110.08 $456.06 $566.14 $25,962.95
Aug, 2020 10 $108.18 $457.96 $566.14 $25,504.99
Sep, 2020 11 $106.27 $459.87 $566.14 $25,045.12
Oct, 2020 12 $104.35 $461.78 $566.14 $24,583.34
Nov, 2020 13 $102.43 $463.71 $566.14 $24,119.64
Dec, 2020 14 $100.50 $465.64 $566.14 $23,654.00
Jan, 2021 15 $98.56 $467.58 $566.14 $23,186.42
Feb, 2021 16 $96.61 $469.53 $566.14 $22,716.89
Mar, 2021 17 $94.65 $471.48 $566.14 $22,245.41
Apr, 2021 18 $92.69 $473.45 $566.14 $21,771.96
May, 2021 19 $90.72 $475.42 $566.14 $21,296.54
Jun, 2021 20 $88.74 $477.40 $566.14 $20,819.14
Jul, 2021 21 $86.75 $479.39 $566.14 $20,339.75
Aug, 2021 22 $84.75 $481.39 $566.14 $19,858.36
Sep, 2021 23 $82.74 $483.39 $566.14 $19,374.97
Oct, 2021 24 $80.73 $485.41 $566.14 $18,889.56
Nov, 2021 25 $78.71 $487.43 $566.14 $18,402.13
Dec, 2021 26 $76.68 $489.46 $566.14 $17,912.67
Jan, 2022 27 $74.64 $491.50 $566.14 $17,421.17
Feb, 2022 28 $72.59 $493.55 $566.14 $16,927.62
Mar, 2022 29 $70.53 $495.61 $566.14 $16,432.01
Apr, 2022 30 $68.47 $497.67 $566.14 $15,934.34
May, 2022 31 $66.39 $499.74 $566.14 $15,434.60
Jun, 2022 32 $64.31 $501.83 $566.14 $14,932.77
Jul, 2022 33 $62.22 $503.92 $566.14 $14,428.85
Aug, 2022 34 $60.12 $506.02 $566.14 $13,922.84
Sep, 2022 35 $58.01 $508.13 $566.14 $13,414.71
Oct, 2022 36 $55.89 $510.24 $566.14 $12,904.47
Nov, 2022 37 $53.77 $512.37 $566.14 $12,392.10
Dec, 2022 38 $51.63 $514.50 $566.14 $11,877.60
Jan, 2023 39 $49.49 $516.65 $566.14 $11,360.95
Feb, 2023 40 $47.34 $518.80 $566.14 $10,842.15
Mar, 2023 41 $45.18 $520.96 $566.14 $10,321.19
Apr, 2023 42 $43.00 $523.13 $566.14 $9,798.06
May, 2023 43 $40.83 $525.31 $566.14 $9,272.75
Jun, 2023 44 $38.64 $527.50 $566.14 $8,745.25
Jul, 2023 45 $36.44 $529.70 $566.14 $8,215.55
Aug, 2023 46 $34.23 $531.91 $566.14 $7,683.64
Sep, 2023 47 $32.02 $534.12 $566.14 $7,149.52
Oct, 2023 48 $29.79 $536.35 $566.14 $6,613.17
Nov, 2023 49 $27.55 $538.58 $566.14 $6,074.59
Dec, 2023 50 $25.31 $540.83 $566.14 $5,533.76
Jan, 2024 51 $23.06 $543.08 $566.14 $4,990.68
Feb, 2024 52 $20.79 $545.34 $566.14 $4,445.34
Mar, 2024 53 $18.52 $547.61 $566.14 $3,897.73
Apr, 2024 54 $16.24 $549.90 $566.14 $3,347.83
May, 2024 55 $13.95 $552.19 $566.14 $2,795.64
Jun, 2024 56 $11.65 $554.49 $566.14 $2,241.15
Jul, 2024 57 $9.34 $556.80 $566.14 $1,684.36
Aug, 2024 58 $7.02 $559.12 $566.14 $1,125.24
Sep, 2024 59 $4.69 $561.45 $566.14 $563.79
Oct, 2024 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
Nov, 2019 1 $100.00 $785.72 $885.72 $29,214.28
Dec, 2019 2 $97.38 $788.34 $885.72 $28,425.94
Jan, 2020 3 $94.75 $790.97 $885.72 $27,634.98
Feb, 2020 4 $92.12 $793.60 $885.72 $26,841.37
Mar, 2020 5 $89.47 $796.25 $885.72 $26,045.12
Apr, 2020 6 $86.82 $798.90 $885.72 $25,246.22
May, 2020 7 $84.15 $801.57 $885.72 $24,444.66
Jun, 2020 8 $81.48 $804.24 $885.72 $23,640.42
Jul, 2020 9 $78.80 $806.92 $885.72 $22,833.50
Aug, 2020 10 $76.11 $809.61 $885.72 $22,023.89
Sep, 2020 11 $73.41 $812.31 $885.72 $21,211.59
Oct, 2020 12 $70.71 $815.01 $885.72 $20,396.57
Nov, 2020 13 $67.99 $817.73 $885.72 $19,578.84
Dec, 2020 14 $65.26 $820.46 $885.72 $18,758.38
Jan, 2021 15 $62.53 $823.19 $885.72 $17,935.19
Feb, 2021 16 $59.78 $825.94 $885.72 $17,109.26
Mar, 2021 17 $57.03 $828.69 $885.72 $16,280.57
Apr, 2021 18 $54.27 $831.45 $885.72 $15,449.12
May, 2021 19 $51.50 $834.22 $885.72 $14,614.89
Jun, 2021 20 $48.72 $837.00 $885.72 $13,777.89
Jul, 2021 21 $45.93 $839.79 $885.72 $12,938.10
Aug, 2021 22 $43.13 $842.59 $885.72 $12,095.51
Sep, 2021 23 $40.32 $845.40 $885.72 $11,250.10
Oct, 2021 24 $37.50 $848.22 $885.72 $10,401.89
Nov, 2021 25 $34.67 $851.05 $885.72 $9,550.84
Dec, 2021 26 $31.84 $853.88 $885.72 $8,696.96
Jan, 2022 27 $28.99 $856.73 $885.72 $7,840.23
Feb, 2022 28 $26.13 $859.59 $885.72 $6,980.64
Mar, 2022 29 $23.27 $862.45 $885.72 $6,118.19
Apr, 2022 30 $20.39 $865.33 $885.72 $5,252.86
May, 2022 31 $17.51 $868.21 $885.72 $4,384.65
Jun, 2022 32 $14.62 $871.10 $885.72 $3,513.55
Jul, 2022 33 $11.71 $874.01 $885.72 $2,639.54
Aug, 2022 34 $8.80 $876.92 $885.72 $1,762.62
Sep, 2022 35 $5.88 $879.84 $885.72 $882.78
Oct, 2022 36 $2.94 $882.78 $885.72 $0.00


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