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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:
 Oct, 2024 Oct, 2024
Payoff Date:
 Sep, 2027 Sep, 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
Oct, 2024 1 $125.00 $358.15 $483.15 $29,641.85
Nov, 2024 2 $123.51 $359.64 $483.15 $29,282.21
Dec, 2024 3 $122.01 $361.14 $483.15 $28,921.07
Jan, 2025 4 $120.50 $362.64 $483.15 $28,558.43
Feb, 2025 5 $118.99 $364.15 $483.15 $28,194.27
Mar, 2025 6 $117.48 $365.67 $483.15 $27,828.60
Apr, 2025 7 $115.95 $367.20 $483.15 $27,461.41
May, 2025 8 $114.42 $368.73 $483.15 $27,092.68
Jun, 2025 9 $112.89 $370.26 $483.15 $26,722.42
Jul, 2025 10 $111.34 $371.80 $483.15 $26,350.62
Aug, 2025 11 $109.79 $373.35 $483.15 $25,977.26
Sep, 2025 12 $108.24 $374.91 $483.15 $25,602.35
Oct, 2025 13 $106.68 $376.47 $483.15 $25,225.88
Nov, 2025 14 $105.11 $378.04 $483.15 $24,847.84
Dec, 2025 15 $103.53 $379.62 $483.15 $24,468.23
Jan, 2026 16 $101.95 $381.20 $483.15 $24,087.03
Feb, 2026 17 $100.36 $382.79 $483.15 $23,704.24
Mar, 2026 18 $98.77 $384.38 $483.15 $23,319.86
Apr, 2026 19 $97.17 $385.98 $483.15 $22,933.88
May, 2026 20 $95.56 $387.59 $483.15 $22,546.29
Jun, 2026 21 $93.94 $389.21 $483.15 $22,157.09
Jul, 2026 22 $92.32 $390.83 $483.15 $21,766.26
Aug, 2026 23 $90.69 $392.46 $483.15 $21,373.80
Sep, 2026 24 $89.06 $394.09 $483.15 $20,979.71
Oct, 2026 25 $87.42 $395.73 $483.15 $20,583.98
Nov, 2026 26 $85.77 $397.38 $483.15 $20,186.60
Dec, 2026 27 $84.11 $399.04 $483.15 $19,787.56
Jan, 2027 28 $82.45 $400.70 $483.15 $19,386.86
Feb, 2027 29 $80.78 $402.37 $483.15 $18,984.49
Mar, 2027 30 $79.10 $404.05 $483.15 $18,580.45
Apr, 2027 31 $77.42 $405.73 $483.15 $18,174.72
May, 2027 32 $75.73 $407.42 $483.15 $17,767.30
Jun, 2027 33 $74.03 $409.12 $483.15 $17,358.18
Jul, 2027 34 $72.33 $410.82 $483.15 $16,947.36
Aug, 2027 35 $70.61 $412.53 $483.15 $16,534.82
Sep, 2027 36 $68.90 $414.25 $483.15 $16,120.57
Oct, 2027 37 $67.17 $415.98 $483.15 $15,704.59
Nov, 2027 38 $65.44 $417.71 $483.15 $15,286.88
Dec, 2027 39 $63.70 $419.45 $483.15 $14,867.43
Jan, 2028 40 $61.95 $421.20 $483.15 $14,446.23
Feb, 2028 41 $60.19 $422.96 $483.15 $14,023.27
Mar, 2028 42 $58.43 $424.72 $483.15 $13,598.55
Apr, 2028 43 $56.66 $426.49 $483.15 $13,172.07
May, 2028 44 $54.88 $428.26 $483.15 $12,743.80
Jun, 2028 45 $53.10 $430.05 $483.15 $12,313.75
Jul, 2028 46 $51.31 $431.84 $483.15 $11,881.91
Aug, 2028 47 $49.51 $433.64 $483.15 $11,448.27
Sep, 2028 48 $47.70 $435.45 $483.15 $11,012.83
Oct, 2028 49 $45.89 $437.26 $483.15 $10,575.56
Nov, 2028 50 $44.06 $439.08 $483.15 $10,136.48
Dec, 2028 51 $42.24 $440.91 $483.15 $9,695.57
Jan, 2029 52 $40.40 $442.75 $483.15 $9,252.82
Feb, 2029 53 $38.55 $444.59 $483.15 $8,808.22
Mar, 2029 54 $36.70 $446.45 $483.15 $8,361.78
Apr, 2029 55 $34.84 $448.31 $483.15 $7,913.47
May, 2029 56 $32.97 $450.18 $483.15 $7,463.30
Jun, 2029 57 $31.10 $452.05 $483.15 $7,011.24
Jul, 2029 58 $29.21 $453.93 $483.15 $6,557.31
Aug, 2029 59 $27.32 $455.83 $483.15 $6,101.48
Sep, 2029 60 $25.42 $457.73 $483.15 $5,643.76
Oct, 2029 61 $23.52 $459.63 $483.15 $5,184.13
Nov, 2029 62 $21.60 $461.55 $483.15 $4,722.58
Dec, 2029 63 $19.68 $463.47 $483.15 $4,259.11
Jan, 2030 64 $17.75 $465.40 $483.15 $3,793.71
Feb, 2030 65 $15.81 $467.34 $483.15 $3,326.37
Mar, 2030 66 $13.86 $469.29 $483.15 $2,857.08
Apr, 2030 67 $11.90 $471.24 $483.15 $2,385.83
May, 2030 68 $9.94 $473.21 $483.15 $1,912.63
Jun, 2030 69 $7.97 $475.18 $483.15 $1,437.45
Jul, 2030 70 $5.99 $477.16 $483.15 $960.29
Aug, 2030 71 $4.00 $479.15 $483.15 $481.14
Sep, 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
Oct, 2024 1 $112.50 $779.91 $892.41 $29,220.09
Nov, 2024 2 $109.58 $782.83 $892.41 $28,437.26
Dec, 2024 3 $106.64 $785.77 $892.41 $27,651.49
Jan, 2025 4 $103.69 $788.71 $892.41 $26,862.78
Feb, 2025 5 $100.74 $791.67 $892.41 $26,071.10
Mar, 2025 6 $97.77 $794.64 $892.41 $25,276.46
Apr, 2025 7 $94.79 $797.62 $892.41 $24,478.84
May, 2025 8 $91.80 $800.61 $892.41 $23,678.23
Jun, 2025 9 $88.79 $803.61 $892.41 $22,874.62
Jul, 2025 10 $85.78 $806.63 $892.41 $22,067.99
Aug, 2025 11 $82.75 $809.65 $892.41 $21,258.34
Sep, 2025 12 $79.72 $812.69 $892.41 $20,445.65
Oct, 2025 13 $76.67 $815.74 $892.41 $19,629.91
Nov, 2025 14 $73.61 $818.80 $892.41 $18,811.11
Dec, 2025 15 $70.54 $821.87 $892.41 $17,989.25
Jan, 2026 16 $67.46 $824.95 $892.41 $17,164.30
Feb, 2026 17 $64.37 $828.04 $892.41 $16,336.26
Mar, 2026 18 $61.26 $831.15 $892.41 $15,505.11
Apr, 2026 19 $58.14 $834.26 $892.41 $14,670.85
May, 2026 20 $55.02 $837.39 $892.41 $13,833.46
Jun, 2026 21 $51.88 $840.53 $892.41 $12,992.92
Jul, 2026 22 $48.72 $843.68 $892.41 $12,149.24
Aug, 2026 23 $45.56 $846.85 $892.41 $11,302.39
Sep, 2026 24 $42.38 $850.02 $892.41 $10,452.37
Oct, 2026 25 $39.20 $853.21 $892.41 $9,599.16
Nov, 2026 26 $36.00 $856.41 $892.41 $8,742.75
Dec, 2026 27 $32.79 $859.62 $892.41 $7,883.12
Jan, 2027 28 $29.56 $862.85 $892.41 $7,020.28
Feb, 2027 29 $26.33 $866.08 $892.41 $6,154.20
Mar, 2027 30 $23.08 $869.33 $892.41 $5,284.87
Apr, 2027 31 $19.82 $872.59 $892.41 $4,412.28
May, 2027 32 $16.55 $875.86 $892.41 $3,536.41
Jun, 2027 33 $13.26 $879.15 $892.41 $2,657.27
Jul, 2027 34 $9.96 $882.44 $892.41 $1,774.83
Aug, 2027 35 $6.66 $885.75 $892.41 $889.07
Sep, 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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