Auto Loan Comparison Calculator



Auto Loan Comparison Calculator calculates the monthly payment for two auto loans and compare the loans side by side. View the total payment, interest, payoff date, total savings. You will also get the two auto loan amortization schedules and see which 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:
$483.15 $892.41
Total # Of Payments:
72 36
Start Date:
May, 2024 May, 2024
Payoff Date:
Apr, 2027 Apr, 2027
Total Interest Paid:
$4,786.65 $2,126.68
Total Payment:
$34,786.65 $32,126.68
Total Savings:
$0.00 $2,659.98





Auto Loan 1 Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
May, 2024 1 $125.00 $358.15 $483.15 $29,641.85
Jun, 2024 2 $123.51 $359.64 $483.15 $29,282.21
Jul, 2024 3 $122.01 $361.14 $483.15 $28,921.07
Aug, 2024 4 $120.50 $362.64 $483.15 $28,558.43
Sep, 2024 5 $118.99 $364.15 $483.15 $28,194.27
Oct, 2024 6 $117.48 $365.67 $483.15 $27,828.60
Nov, 2024 7 $115.95 $367.20 $483.15 $27,461.41
Dec, 2024 8 $114.42 $368.73 $483.15 $27,092.68
Jan, 2025 9 $112.89 $370.26 $483.15 $26,722.42
Feb, 2025 10 $111.34 $371.80 $483.15 $26,350.62
Mar, 2025 11 $109.79 $373.35 $483.15 $25,977.26
Apr, 2025 12 $108.24 $374.91 $483.15 $25,602.35
May, 2025 13 $106.68 $376.47 $483.15 $25,225.88
Jun, 2025 14 $105.11 $378.04 $483.15 $24,847.84
Jul, 2025 15 $103.53 $379.62 $483.15 $24,468.23
Aug, 2025 16 $101.95 $381.20 $483.15 $24,087.03
Sep, 2025 17 $100.36 $382.79 $483.15 $23,704.24
Oct, 2025 18 $98.77 $384.38 $483.15 $23,319.86
Nov, 2025 19 $97.17 $385.98 $483.15 $22,933.88
Dec, 2025 20 $95.56 $387.59 $483.15 $22,546.29
Jan, 2026 21 $93.94 $389.21 $483.15 $22,157.09
Feb, 2026 22 $92.32 $390.83 $483.15 $21,766.26
Mar, 2026 23 $90.69 $392.46 $483.15 $21,373.80
Apr, 2026 24 $89.06 $394.09 $483.15 $20,979.71
May, 2026 25 $87.42 $395.73 $483.15 $20,583.98
Jun, 2026 26 $85.77 $397.38 $483.15 $20,186.60
Jul, 2026 27 $84.11 $399.04 $483.15 $19,787.56
Aug, 2026 28 $82.45 $400.70 $483.15 $19,386.86
Sep, 2026 29 $80.78 $402.37 $483.15 $18,984.49
Oct, 2026 30 $79.10 $404.05 $483.15 $18,580.45
Nov, 2026 31 $77.42 $405.73 $483.15 $18,174.72
Dec, 2026 32 $75.73 $407.42 $483.15 $17,767.30
Jan, 2027 33 $74.03 $409.12 $483.15 $17,358.18
Feb, 2027 34 $72.33 $410.82 $483.15 $16,947.36
Mar, 2027 35 $70.61 $412.53 $483.15 $16,534.82
Apr, 2027 36 $68.90 $414.25 $483.15 $16,120.57
May, 2027 37 $67.17 $415.98 $483.15 $15,704.59
Jun, 2027 38 $65.44 $417.71 $483.15 $15,286.88
Jul, 2027 39 $63.70 $419.45 $483.15 $14,867.43
Aug, 2027 40 $61.95 $421.20 $483.15 $14,446.23
Sep, 2027 41 $60.19 $422.96 $483.15 $14,023.27
Oct, 2027 42 $58.43 $424.72 $483.15 $13,598.55
Nov, 2027 43 $56.66 $426.49 $483.15 $13,172.07
Dec, 2027 44 $54.88 $428.26 $483.15 $12,743.80
Jan, 2028 45 $53.10 $430.05 $483.15 $12,313.75
Feb, 2028 46 $51.31 $431.84 $483.15 $11,881.91
Mar, 2028 47 $49.51 $433.64 $483.15 $11,448.27
Apr, 2028 48 $47.70 $435.45 $483.15 $11,012.83
May, 2028 49 $45.89 $437.26 $483.15 $10,575.56
Jun, 2028 50 $44.06 $439.08 $483.15 $10,136.48
Jul, 2028 51 $42.24 $440.91 $483.15 $9,695.57
Aug, 2028 52 $40.40 $442.75 $483.15 $9,252.82
Sep, 2028 53 $38.55 $444.59 $483.15 $8,808.22
Oct, 2028 54 $36.70 $446.45 $483.15 $8,361.78
Nov, 2028 55 $34.84 $448.31 $483.15 $7,913.47
Dec, 2028 56 $32.97 $450.18 $483.15 $7,463.30
Jan, 2029 57 $31.10 $452.05 $483.15 $7,011.24
Feb, 2029 58 $29.21 $453.93 $483.15 $6,557.31
Mar, 2029 59 $27.32 $455.83 $483.15 $6,101.48
Apr, 2029 60 $25.42 $457.73 $483.15 $5,643.76
May, 2029 61 $23.52 $459.63 $483.15 $5,184.13
Jun, 2029 62 $21.60 $461.55 $483.15 $4,722.58
Jul, 2029 63 $19.68 $463.47 $483.15 $4,259.11
Aug, 2029 64 $17.75 $465.40 $483.15 $3,793.71
Sep, 2029 65 $15.81 $467.34 $483.15 $3,326.37
Oct, 2029 66 $13.86 $469.29 $483.15 $2,857.08
Nov, 2029 67 $11.90 $471.24 $483.15 $2,385.83
Dec, 2029 68 $9.94 $473.21 $483.15 $1,912.63
Jan, 2030 69 $7.97 $475.18 $483.15 $1,437.45
Feb, 2030 70 $5.99 $477.16 $483.15 $960.29
Mar, 2030 71 $4.00 $479.15 $483.15 $481.14
Apr, 2030 72 $2.00 $481.14 $483.15 $0.00

Auto Loan 2 Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
May, 2024 1 $112.50 $779.91 $892.41 $29,220.09
Jun, 2024 2 $109.58 $782.83 $892.41 $28,437.26
Jul, 2024 3 $106.64 $785.77 $892.41 $27,651.49
Aug, 2024 4 $103.69 $788.71 $892.41 $26,862.78
Sep, 2024 5 $100.74 $791.67 $892.41 $26,071.10
Oct, 2024 6 $97.77 $794.64 $892.41 $25,276.46
Nov, 2024 7 $94.79 $797.62 $892.41 $24,478.84
Dec, 2024 8 $91.80 $800.61 $892.41 $23,678.23
Jan, 2025 9 $88.79 $803.61 $892.41 $22,874.62
Feb, 2025 10 $85.78 $806.63 $892.41 $22,067.99
Mar, 2025 11 $82.75 $809.65 $892.41 $21,258.34
Apr, 2025 12 $79.72 $812.69 $892.41 $20,445.65
May, 2025 13 $76.67 $815.74 $892.41 $19,629.91
Jun, 2025 14 $73.61 $818.80 $892.41 $18,811.11
Jul, 2025 15 $70.54 $821.87 $892.41 $17,989.25
Aug, 2025 16 $67.46 $824.95 $892.41 $17,164.30
Sep, 2025 17 $64.37 $828.04 $892.41 $16,336.26
Oct, 2025 18 $61.26 $831.15 $892.41 $15,505.11
Nov, 2025 19 $58.14 $834.26 $892.41 $14,670.85
Dec, 2025 20 $55.02 $837.39 $892.41 $13,833.46
Jan, 2026 21 $51.88 $840.53 $892.41 $12,992.92
Feb, 2026 22 $48.72 $843.68 $892.41 $12,149.24
Mar, 2026 23 $45.56 $846.85 $892.41 $11,302.39
Apr, 2026 24 $42.38 $850.02 $892.41 $10,452.37
May, 2026 25 $39.20 $853.21 $892.41 $9,599.16
Jun, 2026 26 $36.00 $856.41 $892.41 $8,742.75
Jul, 2026 27 $32.79 $859.62 $892.41 $7,883.12
Aug, 2026 28 $29.56 $862.85 $892.41 $7,020.28
Sep, 2026 29 $26.33 $866.08 $892.41 $6,154.20
Oct, 2026 30 $23.08 $869.33 $892.41 $5,284.87
Nov, 2026 31 $19.82 $872.59 $892.41 $4,412.28
Dec, 2026 32 $16.55 $875.86 $892.41 $3,536.41
Jan, 2027 33 $13.26 $879.15 $892.41 $2,657.27
Feb, 2027 34 $9.96 $882.44 $892.41 $1,774.83
Mar, 2027 35 $6.66 $885.75 $892.41 $889.07
Apr, 2027 36 $3.33 $889.07 $892.41 $0.00

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Car Loan Comparison Calculator

The Car Loan Comparison Calculator compares the two auto loans using loan amount, simple interest rate, and loan terms, if you need a more advanced auto loan calculator with extra payments, tax, and trade in, please use the car loan calculator with trade in.

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