Excel Auto Loan Calculator
Estimate your monthly auto loan payment using this Excel calculator spreadsheet.
function calculateAutoLoan() {
const loanAmount = parseFloat(document.getElementById(“loanAmount”).value);
const loanTerm = parseFloat(document.getElementById(“loanTerm”).value) * 12; // Convert years to months
const interestRate = parseFloat(document.getElementById(“interestRate”).value) / 100 / 12; // Monthly interest rate
if (isNaN(loanAmount) || isNaN(loanTerm) || isNaN(interestRate) || loanAmount <= 0 || loanTerm <= 0 || interestRate el.value = “”);
}