Difference between revisions of "Calculate a Car Loan in Excel"

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Microsoft's Excel spreadsheet program can be used for many different types of  business and personal applications. For instance, you can use Excel to calculate car loan transactions and payment amounts as well as the total interest paid over the life of a loan. In addition, you can use Excel to compare multiple scenarios in order to make sound financial decisions. Here's how to calculate a car loan in Excel before you make a commitment.
 
Microsoft's Excel spreadsheet program can be used for many different types of  business and personal applications. For instance, you can use Excel to calculate car loan transactions and payment amounts as well as the total interest paid over the life of a loan. In addition, you can use Excel to compare multiple scenarios in order to make sound financial decisions. Here's how to calculate a car loan in Excel before you make a commitment.
[[Category:Microsoft Excel]]
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[[Category: Microsoft Excel]]
 
== Steps ==
 
== Steps ==
 
#Launch Microsoft Excel.
 
#Launch Microsoft Excel.
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#* You can see how the scenario would look with a higher or lower interest rate, a shorter or longer loan term or with a larger down payment.
 
#* You can see how the scenario would look with a higher or lower interest rate, a shorter or longer loan term or with a larger down payment.
  
== Video ==
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{{Video:Calculate a Car Loan in Excel|}}
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== Tips ==
 
== Tips ==