Auto Loan Rate Comparison Calculator
Loan Amount ($)
Loan Term (years)
Lender 1 Interest Rate (%)
Lender 2 Interest Rate (%)
Lender 3 Interest Rate (%)
Lender 1 Monthly Payment ($)
Lender 2 Monthly Payment ($)
Lender 3 Monthly Payment ($)
Calculate
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This Auto Loan Rate Comparison Calculator helps you compare interest rates from different lenders to find the best loan offer based on your requirements.
Loan Formula
Monthly Payment = (Loan Amount × Interest Rate) / Loan Term
function calculateAutoLoan() {
const loanAmount = parseFloat(document.getElementById(“loanAmount”).value);
const loanTerm = parseFloat(document.getElementById(“loanTerm”).value);
const interestRate1 = parseFloat(document.getElementById(“interestRate1”).value) / 100;
const interestRate2 = parseFloat(document.getElementById(“interestRate2”).value) / 100;
const interestRate3 = parseFloat(document.getElementById(“interestRate3”).value) / 100;
if (isNaN(loanAmount) || isNaN(loanTerm) || isNaN(interestRate1) || isNaN(interestRate2) || isNaN(interestRate3) || loanAmount <= 0 || loanTerm el.value = “”);
}
