How can I figure out much I'll owe on loan?
I have a car loan through the bank at 8%. As of my annual statement date of Dec 31 my balance was $4630.16. My payments are $142.56 and made bi-weekly, the last one being on Jan 15. I'm trying to figure out how much I'll owe on April 9, because I want to pay off the loan with my income tax. I used to know of a website that would calculate it for me (how much is paid to interest and principle, how long left to pay, and what a lump sum on a specific date would do to it, etc), but it's not there anymore. Can someone please direct me to a site that can calculate it for me, or if there are math whizzes among us, think you could help me out? Thank you SO much! Will choose B/A when I'm able =)
Public Comments
- google car loan interest calculator bankrate.com has a nice one http://www.bankrate.com/brm/popcalc2.asp just input your numbers. I can't find one that does bi-weekly though - but the site will give you a rough estimate. /
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