How do I calculate car interest rates?
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Answer:
Finding the CalculatorGo to bankrate.com. Click on the "Auto" tab from the site menu. Locate the "Find an Auto Loan Rate" box, and select "Purchase" or "Refinance." Select a product from the drop-down menu, and click "Search."Getting RatesSelect your city and state from the drop-down menus, or click the zip code tab and input your zip code. Select your desired product again in box number two. Click "Search" to bring up a list of banks and auto loan rates in your area.Knowing Your Actual RateNote that since creditors take many factors into consideration when offering you an interest rate, these quotes are sometimes different from the actual interest rate you receive.References:http://www.bankrate.com/auto.aspx
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