Auto Loan Calculator
Free Auto Loan Calculator
In some cases, a loan taken out to buy a brand new or used automobile may be secured by the automobile, in much the same way as a mortgage is secured by housing. The period of the loan period is considerably shorter, often corresponding to the useful life of the automobile. There is two types of auto loans, direct and indirect. A direct auto loan is where a bank gives the loan directly to a buyer. An indirect auto loan is where a automobile dealership acts as an intermediary between the bank or financial institution and the consumer.
Auto Loan Calculator – About
Auto Loan Calculator helps you calculate, the amount of benefits determined, the price of each by the amount financed and interest.