0
Does a scientific calculator do the amortization needed on auto loans?
Wiki User
∙ 12y ago
No, scientific calculators do not have a function for amortization, however, there are many online amortization calculators that are useful. Microsoft Excel also has this feature.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Where can one find a pay calculator?
One can find a payment calculator from the following sources: Bank Rate, Yahoo Loans, CMHC, Money Saving Expert, CNN, Bank of America, Discover, Money Saving Expert.
Statement about installment loans is not true?
Installment loans are loans on which the interest is paid first and the borrower receives the proceeds.
What is the meaning of the numbers in a credit score?
The credit score is basically a risk calculator to let creditors know how much of a risk you are when it comes to repaying credit cards and loans. Any number 640 and above is considered a good number. Only the very "best" have scores above 770.
What information is needed to calculate credit score?
Credit scores use information from three key areas of your credit report: account information (such as credit cards, auto loans, student loans, mortgages and rent), public records (such as tax liens or bankruptcies) and inquiries (requests by lenders to view your credit). Information such as race, gender, where you live and marital status are not used in credit scores.
How do you calculate student loans?
If you can, pay interest during your grace period or periods of deferment/forbearance to avoid having interest capitalized (added to your principal) on unsubsidized loans, PLUS loans, and subsidized loans that have lost interest subsidy. Outstanding Balance1: $26,830 Interest Rate: 6.8 %
What is the purpose of an amortization loan calculator?
The purpose of an amortization loan calculator, is to calculate the information including price and payment options regarding popular loans for mortgage, and others.
What is an amortization calculator used for?
An amortization table can be used anytime money is borrowed from a lender. The most common uses of an amortization table are for mortgages or car loans.
What is the purpose of amortization calculators?
An Amortization Calculator is used for calculating mortgage rates and it is also used to calculate to analyze other debit such as short term loans and student loans.
Which websites offer an amortization calculator compatible with Excel?
An amortization schedule lists payments for mortgages or loans, and splits the payments into amounts and interest, showing how much is left to be paid. http://www.vertex42.com/ExcelTemplates/loan-amortization-schedule.html offers a free amortization calculator which can be used with excel to make an amortization schedule.
How can I do a mortgage amortization?
You can find legitimate information about mortgage amortization at the following websites...cdrates.bankaholic.com/cd-interest-rate-calculator/ or banking.about.com Money Banking / Loans Mortgages
How do you use a amortization loan calculator?
If you wanted to use a loan amortization calculator you would be using a calculator that would be consolidating your loans into one. You would be checking what the payment you could make to pay them all off is.
Is there an online loan amortization calculator ?
There are many different calculators online for different types of loans. Amortization-calc.com will help you with your current situation. It's very easy and simple to use.
Is there an online site to work out my auto loan amortization?
http://www.bankrate.com/calculators/auto/auto-loan-calculator.aspx is an online amortization tool for auto loans. Another online tool can be found at http://www.myamortizationchart.com/auto-loan-amortization-calculator/ with a similar set of inputs.
What is an amortization calculator and where can I buy one?
Simply put, an amortization calendar is a tool for determining payment schedules for loans such as mortgages. They are commonly given for free with loan documentation or can be found on the internet. If you know the loan amount and the terms of the loan, you can easily create an amortization calendar using online tools for free of charge.
Existing Loan Calculator?
Existing Loan Calculator Use this calculator to analyze one of your existing loans. Calculate your remaining balance based on the number of monthly payments you have remaining. You can then click on the "View Report" button for a complete, payment by payment, amortization schedule of your loan.
What exactly is an auto loan amortization ?
The term "auto loan amortization" simply refers to the payment shedule associated with an auto loan. Auto loans can be obtained at a variety of financial establishments, whilst amortization schedules for such loans are available online.
Have you ever used a amortization schedule?
I have never personally used an amortization schedule. Yes, these schedules can be used to calculate mortgage payments and amortization on mortgage loans.
