Car Loan Comparison Calculator

Car Loan Comparison Calculator is a calculator to compare two auto loans and see which one is a cheaper one.

Auto 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

Car Loan Comparison Result

Loan
Car Loan 1 Car Loan 2
Loan Amount
$35,000.00 $35,000.00
Monthly Payment:
$577.58 $669.35
Total # Of Payments:
72 60
Start Date:
Jan, 2023 Jan, 2023
Payoff Date:
Dec, 2027 Dec, 2027
Total Interest Paid:
$6,585.48 $5,160.92
Total Payment:
$41,585.48 $40,160.92
Total Savings:
$0.00 $1,424.55

Auto Loan 1 Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Jan, 2023 1 $170.63 $406.95 $577.58 $34,593.05
Feb, 2023 2 $168.64 $408.93 $577.58 $34,184.11
Mar, 2023 3 $166.65 $410.93 $577.58 $33,773.19
Apr, 2023 4 $164.64 $412.93 $577.58 $33,360.25
May, 2023 5 $162.63 $414.94 $577.58 $32,945.31
Jun, 2023 6 $160.61 $416.97 $577.58 $32,528.34
Jul, 2023 7 $158.58 $419.00 $577.58 $32,109.34
Aug, 2023 8 $156.53 $421.04 $577.58 $31,688.30
Sep, 2023 9 $154.48 $423.10 $577.58 $31,265.20
Oct, 2023 10 $152.42 $425.16 $577.58 $30,840.04
Nov, 2023 11 $150.35 $427.23 $577.58 $30,412.81
Dec, 2023 12 $148.26 $429.31 $577.58 $29,983.50
Jan, 2024 13 $146.17 $431.41 $577.58 $29,552.09
Feb, 2024 14 $144.07 $433.51 $577.58 $29,118.58
Mar, 2024 15 $141.95 $435.62 $577.58 $28,682.96
Apr, 2024 16 $139.83 $437.75 $577.58 $28,245.21
May, 2024 17 $137.70 $439.88 $577.58 $27,805.33
Jun, 2024 18 $135.55 $442.03 $577.58 $27,363.31
Jul, 2024 19 $133.40 $444.18 $577.58 $26,919.13
Aug, 2024 20 $131.23 $446.35 $577.58 $26,472.78
Sep, 2024 21 $129.05 $448.52 $577.58 $26,024.26
Oct, 2024 22 $126.87 $450.71 $577.58 $25,573.55
Nov, 2024 23 $124.67 $452.90 $577.58 $25,120.65
Dec, 2024 24 $122.46 $455.11 $577.58 $24,665.54
Jan, 2025 25 $120.24 $457.33 $577.58 $24,208.20
Feb, 2025 26 $118.01 $459.56 $577.58 $23,748.64
Mar, 2025 27 $115.77 $461.80 $577.58 $23,286.84
Apr, 2025 28 $113.52 $464.05 $577.58 $22,822.79
May, 2025 29 $111.26 $466.31 $577.58 $22,356.47
Jun, 2025 30 $108.99 $468.59 $577.58 $21,887.89
Jul, 2025 31 $106.70 $470.87 $577.58 $21,417.01
Aug, 2025 32 $104.41 $473.17 $577.58 $20,943.85
Sep, 2025 33 $102.10 $475.47 $577.58 $20,468.37
Oct, 2025 34 $99.78 $477.79 $577.58 $19,990.58
Nov, 2025 35 $97.45 $480.12 $577.58 $19,510.46
Dec, 2025 36 $95.11 $482.46 $577.58 $19,027.99
Jan, 2026 37 $92.76 $484.81 $577.58 $18,543.18
Feb, 2026 38 $90.40 $487.18 $577.58 $18,056.00
Mar, 2026 39 $88.02 $489.55 $577.58 $17,566.45
Apr, 2026 40 $85.64 $491.94 $577.58 $17,074.51
May, 2026 41 $83.24 $494.34 $577.58 $16,580.17
Jun, 2026 42 $80.83 $496.75 $577.58 $16,083.42
Jul, 2026 43 $78.41 $499.17 $577.58 $15,584.25
Aug, 2026 44 $75.97 $501.60 $577.58 $15,082.65
Sep, 2026 45 $73.53 $504.05 $577.58 $14,578.60
Oct, 2026 46 $71.07 $506.51 $577.58 $14,072.10
Nov, 2026 47 $68.60 $508.97 $577.58 $13,563.12
Dec, 2026 48 $66.12 $511.46 $577.58 $13,051.67
Jan, 2027 49 $63.63 $513.95 $577.58 $12,537.72
Feb, 2027 50 $61.12 $516.45 $577.58 $12,021.26
Mar, 2027 51 $58.60 $518.97 $577.58 $11,502.29
Apr, 2027 52 $56.07 $521.50 $577.58 $10,980.79
May, 2027 53 $53.53 $524.04 $577.58 $10,456.74
Jun, 2027 54 $50.98 $526.60 $577.58 $9,930.14
Jul, 2027 55 $48.41 $529.17 $577.58 $9,400.98
Aug, 2027 56 $45.83 $531.75 $577.58 $8,869.23
Sep, 2027 57 $43.24 $534.34 $577.58 $8,334.89
Oct, 2027 58 $40.63 $536.94 $577.58 $7,797.95
Nov, 2027 59 $38.01 $539.56 $577.58 $7,258.39
Dec, 2027 60 $35.38 $542.19 $577.58 $6,716.20
Jan, 2028 61 $32.74 $544.83 $577.58 $6,171.36
Feb, 2028 62 $30.09 $547.49 $577.58 $5,623.87
Mar, 2028 63 $27.42 $550.16 $577.58 $5,073.71
Apr, 2028 64 $24.73 $552.84 $577.58 $4,520.87
May, 2028 65 $22.04 $555.54 $577.58 $3,965.33
Jun, 2028 66 $19.33 $558.25 $577.58 $3,407.09
Jul, 2028 67 $16.61 $560.97 $577.58 $2,846.12
Aug, 2028 68 $13.87 $563.70 $577.58 $2,282.42
Sep, 2028 69 $11.13 $566.45 $577.58 $1,715.97
Oct, 2028 70 $8.37 $569.21 $577.58 $1,146.76
Nov, 2028 71 $5.59 $571.99 $577.58 $574.77
Dec, 2028 72 $2.80 $574.77 $577.58 $0.00

Auto Loan 2 Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Jan, 2023 1 $161.88 $507.47 $669.35 $34,492.53
Feb, 2023 2 $159.53 $509.82 $669.35 $33,982.71
Mar, 2023 3 $157.17 $512.18 $669.35 $33,470.53
Apr, 2023 4 $154.80 $514.55 $669.35 $32,955.98
May, 2023 5 $152.42 $516.93 $669.35 $32,439.05
Jun, 2023 6 $150.03 $519.32 $669.35 $31,919.73
Jul, 2023 7 $147.63 $521.72 $669.35 $31,398.01
Aug, 2023 8 $145.22 $524.13 $669.35 $30,873.88
Sep, 2023 9 $142.79 $526.56 $669.35 $30,347.32
Oct, 2023 10 $140.36 $528.99 $669.35 $29,818.33
Nov, 2023 11 $137.91 $531.44 $669.35 $29,286.89
Dec, 2023 12 $135.45 $533.90 $669.35 $28,753.00
Jan, 2024 13 $132.98 $536.37 $669.35 $28,216.63
Feb, 2024 14 $130.50 $538.85 $669.35 $27,677.78
Mar, 2024 15 $128.01 $541.34 $669.35 $27,136.44
Apr, 2024 16 $125.51 $543.84 $669.35 $26,592.60
May, 2024 17 $122.99 $546.36 $669.35 $26,046.24
Jun, 2024 18 $120.46 $548.88 $669.35 $25,497.36
Jul, 2024 19 $117.93 $551.42 $669.35 $24,945.94
Aug, 2024 20 $115.37 $553.97 $669.35 $24,391.96
Sep, 2024 21 $112.81 $556.54 $669.35 $23,835.43
Oct, 2024 22 $110.24 $559.11 $669.35 $23,276.32
Nov, 2024 23 $107.65 $561.70 $669.35 $22,714.62
Dec, 2024 24 $105.06 $564.29 $669.35 $22,150.33
Jan, 2025 25 $102.45 $566.90 $669.35 $21,583.42
Feb, 2025 26 $99.82 $569.53 $669.35 $21,013.90
Mar, 2025 27 $97.19 $572.16 $669.35 $20,441.74
Apr, 2025 28 $94.54 $574.81 $669.35 $19,866.93
May, 2025 29 $91.88 $577.46 $669.35 $19,289.47
Jun, 2025 30 $89.21 $580.13 $669.35 $18,709.33
Jul, 2025 31 $86.53 $582.82 $669.35 $18,126.51
Aug, 2025 32 $83.84 $585.51 $669.35 $17,541.00
Sep, 2025 33 $81.13 $588.22 $669.35 $16,952.78
Oct, 2025 34 $78.41 $590.94 $669.35 $16,361.84
Nov, 2025 35 $75.67 $593.68 $669.35 $15,768.16
Dec, 2025 36 $72.93 $596.42 $669.35 $15,171.74
Jan, 2026 37 $70.17 $599.18 $669.35 $14,572.56
Feb, 2026 38 $67.40 $601.95 $669.35 $13,970.61
Mar, 2026 39 $64.61 $604.73 $669.35 $13,365.88
Apr, 2026 40 $61.82 $607.53 $669.35 $12,758.35
May, 2026 41 $59.01 $610.34 $669.35 $12,148.00
Jun, 2026 42 $56.18 $613.16 $669.35 $11,534.84
Jul, 2026 43 $53.35 $616.00 $669.35 $10,918.84
Aug, 2026 44 $50.50 $618.85 $669.35 $10,299.99
Sep, 2026 45 $47.64 $621.71 $669.35 $9,678.28
Oct, 2026 46 $44.76 $624.59 $669.35 $9,053.69
Nov, 2026 47 $41.87 $627.48 $669.35 $8,426.22
Dec, 2026 48 $38.97 $630.38 $669.35 $7,795.84
Jan, 2027 49 $36.06 $633.29 $669.35 $7,162.55
Feb, 2027 50 $33.13 $636.22 $669.35 $6,526.32
Mar, 2027 51 $30.18 $639.16 $669.35 $5,887.16
Apr, 2027 52 $27.23 $642.12 $669.35 $5,245.04
May, 2027 53 $24.26 $645.09 $669.35 $4,599.95
Jun, 2027 54 $21.27 $648.07 $669.35 $3,951.88
Jul, 2027 55 $18.28 $651.07 $669.35 $3,300.80
Aug, 2027 56 $15.27 $654.08 $669.35 $2,646.72
Sep, 2027 57 $12.24 $657.11 $669.35 $1,989.61
Oct, 2027 58 $9.20 $660.15 $669.35 $1,329.47
Nov, 2027 59 $6.15 $663.20 $669.35 $666.27
Dec, 2027 60 $3.08 $666.27 $669.35 $0.00

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