ARTICLES

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 ...

www.reference.com/article/formula-calculating-car-loan-payments-2acd236225464175

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...

www.reference.com/business-finance/formula-calculating-mortgage-payment-bedbdfd5679ce280

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...

www.reference.com/article/can-calculate-amortized-loan-payments-formula-16eda4eba4536e24

SIMILAR ARTICLES

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 ...

www.reference.com/article/pre-approved-car-loan-6ae083ba3e54d877

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...

www.reference.com/article/functional-difference-between-car-loan-table-home-loan-table-57f5a4196a818084

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...

www.reference.com/article/can-legally-someone-s-car-payments-4f161310d6d5d2f5

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...

www.reference.com/article/someone-over-car-payments-415d570191a436e8