Fact checked by Vikki VelasquezKey TakeawaysUse our calculator to determine your monthly auto loan payment and the total amount of interest you’ll pay once your loan is repaid in full. It’s vital to ...

Chris Jennings is formally a writer and editor with more than seven years of experience in the personal finance and mortgage space. He enjoys simplifying complex mortgage topics for first-time ...

Auto loans are a type of installment loan that split a car purchase into monthly payments over a period of years, which can make a new or used car more affordable. Auto loan terms typically run from ...

Auto loan amortization is the process of paying off a car loan in installments. A car loan amortization schedule shows details that can help with decision-making about your loan. Many, or all, of the ...

Buying a vehicle, especially a brand-new model, is one of the biggest financial commitments customers can make today. With the average price of a new vehicle hitting $44,467 in November 2024, auto ...

With nearly two decades in journalism, Dori Zinn has covered loans and other personal finance topics for the better part of her career. She loves helping people learn about money, whether that’s ...

Calculate how much you may be able to save by refinancing your current auto loan. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take ...

Knowing how much car you can afford can be tricky, especially for first-time buyers. But it’s important to run the numbers so you don’t end up with an unmanageable auto loan payment. Not everyone ...

Most Americans depend on cars to get around, but recent data shows purchasing a new vehicle may now be out of reach for average earners. The average cost of a new car sold in May was $47,148, a $472 ...

As if we need more bad news about car buying, an analysis by Consumer Reports shows that many Americans are drastically overpaying for their car loans. And we can't place all the blame on the pandemic ...