Professional Documents
Culture Documents
http://www.vertex42.com/Calculators/auto-loan-calculator.html
$
$
$
$
$
$
$
0
0
6.25%
20,000
1,250.00
40
0
0
0
3
3
0
0
0
46
Non-Taxable Fees
Registration
Late Registration Fee
Service Contract
Special Plate Fee
Administration Fee
Transaction Fee
Late Title Transfer Fee
Duplicate Title Fee
Other Non-Taxable Fees
Total Non-Taxable Fees
20,000
20,000
Loan Amount
Unpaid Loan Balance on Trade-In
0
0
0
http://www.vertex42.com/Calculators/auto-loan-calculator.html
21,296
Page 2 of 9
http://www.vertex42.com/Calculators/auto-loan-calculator.html
Inputs
Auto Loan Amount
Annual Interest Rate
Term of Loan in Years
First Payment Date
Frequency of Payment
Due Date
Payment
Due
1/1/2015
2/1/2015
500000000
9.00%
2.5
1/1/2015
Monthly
No.
Additional
Payment
12
Balanc e
10
No Extra Payments
8
6
4
2
0
Interest
Principal
18,674,080.38
3,750,000.00
14,924,080.38
18,674,080.38
3,638,069.40
15,036,010.98
3/1/2015
18,674,080.38
3,525,299.31
15,148,781.07
4/1/2015
18,674,080.38
3,411,683.46
15,262,396.92
5/1/2015
18,674,080.38
3,297,215.48
15,376,864.90
6/1/2015
18,674,080.38
3,181,888.99
15,492,191.39
7/1/2015
18,674,080.38
3,065,697.56
15,608,382.82
8/1/2015
18,674,080.38
2,948,634.69
15,725,445.69
9/1/2015
18,674,080.38
2,830,693.84
15,843,386.54
10
10/1/2015
18,674,080.38
2,711,868.44
15,962,211.94
11
11/1/2015
18,674,080.38
2,592,151.86
16,081,928.52
12
12/1/2015
18,674,080.38
2,471,537.39
16,202,542.99
13
1/1/2016
18,674,080.38
2,350,018.32
16,324,062.06
14
2/1/2016
18,674,080.38
2,227,587.85
16,446,492.53
15
3/1/2016
18,674,080.38
2,104,239.16
16,569,841.22
16
4/1/2016
18,674,080.38
1,979,965.35
16,694,115.03
17
5/1/2016
18,674,080.38
1,854,759.49
16,819,320.89
18
6/1/2016
18,674,080.38
1,728,614.58
16,945,465.80
19
7/1/2016
18,674,080.38
1,601,523.59
17,072,556.79
20
8/1/2016
18,674,080.38
1,473,479.41
17,200,600.97
21
9/1/2016
18,674,080.38
1,344,474.90
17,329,605.48
22
10/1/2016
18,674,080.38
1,214,502.86
17,459,577.52
23
11/1/2016
18,674,080.38
1,083,556.03
17,590,524.35
24
12/1/2016
18,674,080.38
951,627.10
17,722,453.28
25
1/1/2017
18,674,080.38
818,708.70
17,855,371.68
26
2/1/2017
18,674,080.38
684,793.41
17,989,286.97
27
3/1/2017
18,674,080.38
549,873.76
18,124,206.62
28
4/1/2017
18,674,080.38
413,942.21
18,260,138.17
29
5/1/2017
18,674,080.38
276,991.17
18,397,089.21
http://www.vertex42.com/Calculators/auto-loan-calculator.html
Page 3 of 9
30
6/1/2017
18,674,080.29
http://www.vertex42.com/Calculators/auto-loan-calculator.html
139,013.00
18,535,067.29
Page 4 of 9
ct of Extra Payments
$ 560,222,411.31
$ 60,222,411.31
None
30
6/1/2017
Balanc e
No Extra Payments
Balance
$500,000,000.00
485,075,919.62
470,039,908.64
454,891,127.57
439,628,730.65
424,251,865.75
408,759,674.36
393,151,291.54
377,425,845.85
361,582,459.31
345,620,247.37
329,538,318.85
313,335,775.86
297,011,713.80
280,565,221.27
263,995,380.05
247,301,265.02
230,481,944.13
213,536,478.33
196,463,921.54
179,263,320.57
161,933,715.09
144,474,137.57
126,883,613.22
109,161,159.94
91,305,788.26
73,316,501.29
55,192,294.67
36,932,156.50
18,535,067.29
http://www.vertex42.com/Calculators/auto-loan-calculator.html
Page 5 of 9
0.00
http://www.vertex42.com/Calculators/auto-loan-calculator.html
Unless
Unlessotherwise
otherwiseindicated,
indicated,the
thecomparison
comparisontables
tablesare
are
based
basedon
onthe
theLoan
LoanAmount,
Amount,Interest
InterestRate,
Rate,Term,
Term,and
and
Frequency
Frequencylisted
listedto
tothe
theright.
right.These
Thesevalues
valuescan
canbe
be
changed
changedin
inthe
thePaymentCalculator
PaymentCalculatorworksheet.
worksheet.
Payment
###
###
###
###
###
###
###
###
###
19,000,000.00
T otal Interest
70,0
Payment
###
###
###
###
###
###
###
###
###
###
###
###
Total
Interest
###
###
###
###
###
###
###
###
###
###
###
###
50,000,000.00
20,000,000.00
Payment
###
###
###
###
###
###
Total
Interest
###
###
###
###
###
###
Payment
15,000,000.00
T otal Interest
50,0
18,000,000.00
40,0
17,500,000.00
30,0
17,000,000.00
20,0
16,500,000.00
10,0
10.00%
9.00%
8.00%
7.00%
6.00%
160,0
Payment
45,000,000.00
T otal Interest
140,0
40,000,000.00
120,0
35,000,000.00
30,000,000.00
100,0
25,000,000.00
80,00
20,000,000.00
60,00
15,000,000.00
40,00
10,000,000.00
5,000,000.00
20,00
0.00
0.00
12 18 24 30 36 42 48 54 60 66 72
70,0
60,0
50,0
40,0
30,0
20,0
10,0
0.00
10,000,000.00
5,000,000.00
$125,000,000.00
$100,000,000.00
$75,000,000.00
0.00
Dow n Paym e nt
http://www.vertex42.com/Calculators/auto-loan-calculator.html
0.00
16,000,000.00
$50,000,000.00
[42]
60,0
18,500,000.00
4.00%
Down Payment
$0.00
$25,000,000.00
$50,000,000.00
$75,000,000.00
###
###
Loan
Amount
###
###
###
###
###
###
80,0
3.00%
Total Paid
###
###
###
###
###
###
###
###
###
###
###
###
Payment
$25,000,000.00
# of Payments
6
12
18
24
30
36
42
48
54
60
66
72
Monthly
19,500,000.00
2.00%
Total Paid
###
###
###
###
###
###
###
###
###
$ 500,000,000
9.00%
2.5
Total
Interest
###
###
###
###
###
###
###
###
###
$0.00
Annual
Interest Rate
2.00%
3.00%
4.00%
5.00%
6.00%
7.00%
8.00%
9.00%
10.00%
2007 V
60,000,000.00
50,000,000.00
40,000,000.00
30,000,000.00
20,000,000.00
10,000,000.00
0.00
Payment
66,0
T otal Interest
64,0
62,0
[42]
60,0
58,0
http://www.vertex42.com/Calculators/auto-loan-calculator.html
Bi-Weekly
56,0
Semi-Monthly
Total
Interest
###
###
###
###
###
###
###
Monthly
Payment
###
###
###
###
###
###
###
Bi-Monthly
# of
Payments
2.5
5
10
15
30
60
65
Quarterly
Frequency
Annually
Semi-Annually
Quarterly
Bi-Monthly
Monthly
Semi-Monthly
Bi-Weekly
80,000,000.00
70,000,000.00
erest
60,000,000.00
50,000,000.00
40,000,000.00
30,000,000.00
20,000,000.00
10,000,000.00
10.00%
9.00%
7.00%
6.00%
5.00%
8.00%
0.00
al Interes t Rate
160,000,000.00
Payment
T otal Interest
140,000,000.00
120,000,000.00
100,000,000.00
80,000,000.00
60,000,000.00
40,000,000.00
20,000,000.00
0.00
30 36 42 48 54 60 66 72
70,000,000.00
60,000,000.00
50,000,000.00
40,000,000.00
30,000,000.00
20,000,000.00
10,000,000.00
0.00
Payment
$125,000,000.00
w n Paym e nt
$100,000,000.00
$75,000,000.00
$50,000,000.00
T otal Interest
http://www.vertex42.com/Calculators/auto-loan-calculator.html
Payment
66,000,000.00
T otal Interest
64,000,000.00
62,000,000.00
60,000,000.00
58,000,000.00
Bi-Weekly
Semi-Monthly
Monthly
56,000,000.00
http://www.vertex42.com/Calculators/auto-loan-calculator.html