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.
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 |
| 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 |
| 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 |
|
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