According to FinanceFormulas.net, car loan payments can be determined by using the formula P = r(PV) over (1 - (1 + r) to the power of -n). P is the payment, r is the rate per period, PV is the initial loan amount and n ...

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The formula for calculating a monthly mortgage payment on a fixed-rate loan is: P = L[c(1 + c)^n]/[(1 + c)^n - 1]. The formula can be used to help potential home owners determine how much of a monthly payment towards a h...

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The formula for calculating amortized loan payments is A=P(r(1+r)^n)/((1+r)^n-1), states Vertex42. "A" is the payment amount per period, "P" is the beginning loan principal, "r" is the interest rate per period, and "n" i...

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A pre-approved car loan means that a buyer has gone through basic approval steps for a loan to buy a vehicle. Lenders pre-approve auto loan applications up to a certain amount, which allows a buyer to go to a dealership ...

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The main difference between a home loan table and a car loan table is that while the home loan table follows an amortization schedule, some car loan tables are structured under simple interest-add on schedules, reports H...

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According to LegalZoom, a person who wants to legally take on another person's car payments would have to take out a new auto loan, and the person would then need to have the title transferred from the owner to him or he...

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While you can't get anyone to take over your car payments, you can have them take out a loan for the full purchase price of the vehicle and give you the money for the car. This allows you to pay off your lender while the...

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