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  2. How to get the best auto loan rate

    www.aol.com/finance/best-auto-loan-rate...

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  3. Here’s How Much an Auto Loan Will Cost Retirees for a New or ...

    www.aol.com/much-auto-loan-cost-retirees...

    New Truck. Average auto loan rate: 7.78%. Average auto loan total cost: $47,442. Average auto loan monthly cost: $766.

  4. How to calculate interest on a loan: Tools to make it easy

    www.aol.com/finance/calculate-interest-loan...

    Here’s how to calculate the interest on an amortized loan: Divide your interest rate by the number of payments you’ll make that year. If you have a 6 percent interest rate and you make monthly ...

  5. The Average Price of an Auto Loan for a New Car in All 50 States

    www.aol.com/finance/average-price-auto-loan-car...

    Total average cost for an auto loan for a new car: $47,427. Average monthly car payment: $765. New truck. Average total cost: $47,310. Average monthly payment: $757. New SUV. Average total cost ...

  6. Annual percentage rate - Wikipedia

    en.wikipedia.org/wiki/Annual_percentage_rate

    Annual percentage rate. Parts of total cost and effective APR for a 12-month, 5% monthly interest, $100 loan paid off in equally sized monthly payments. The term annual percentage rate of charge (APR), [1][2] corresponding sometimes to a nominal APR and sometimes to an effective APR (EAPR), [3] is the interest rate for a whole year (annualized ...

  7. Loan - Wikipedia

    en.wikipedia.org/wiki/Loan

    Similarly, a loan taken out to buy a car may be secured by the car. The duration of the loan is much shorter – often corresponding to the useful life of the car. There are two types of auto loans, direct and indirect. In a direct auto loan, a bank lends the money directly to a consumer. In an indirect auto loan, a car dealership (or a ...

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