Autocredit Online Calculator
Suitable for motorcycles or motorhomes and can be easily done with a vehicle computer. Calculate and apply for your car loan online with the car loan calculator now. Car loan – finance car with credit Unlike a partial or consumer loan, a car loan is a purpose-built loan. Enter your desired amount of credit in the calculator. Even with a car loan, repayment is made in constant tranches over the specified period of time. A car loan is therefore a purpose-built installment loan, which within a tariff period once a month zurÃ?
The vehicle is a further safeguard for the lender in this type of loan. In principle, there are two ways to get a car loan. You can do this either directly through a provider or at a regular bank / network. Financing through a specialist dealer is widespread, especially in a new vehicle.
But there are also cooperative relationships between the dealers and the usual credit institutions. Therefore, it is advisable to compare such a dealer offer with a regular car loan. Another variant is the online offers or the ability to graduate via the usual credit institutions. Especially with auto loans, the direct bank offers good and favorable conditions in the network. Therefore, you should here, if you want to make an impression, a car loan comparison in the Int. to take with you.
When concluding a car loan, it is also important to ensure a reasonable deadline. The term has an influence on the respective monthly costs and the total costs of a loan. It should be noted that here too applies: the shorter the deadline, the higher the monthly fee. On the positive side, in this case, the time is much lower, as interest on the loan is levied.
Longer-term maturities, however, lead to a lower monthly rate. However, which term is suitable for you depends in detail on the economic situation of the borrower. Borrowers can also reduce the respective deadline for all unscheduled repayments stipulated by individual contracts and are therefore free of debt in the shorter term. An unscheduled repayment is an exceptional special payment to be paid in addition to the monthly installments if it has been contractually agreed.
However, in the case of early repayment of the loan, credit institutions or lenders generally have the right to demand early repayment (unless expressly promised in writing). Since 11 June 2010, the installment credit installment does not exceed 1 percentage point of the residual debt if the remaining term is more than 12 months.
If the deadline is shorter, a maximum of 0.5 percentage points of the remaining debt may be imposed as a fee. In both cases, the amount of the fees may not exceed the amount of interest that would have accrued until the end of the regular period. Just over 15-20 years ago, the leasing business was the first address for car financing.
Part of the capital stock for a new car is then already available through the purchase of the old car. This statement speaks also for a car loan. Even before you choose a car loan, you must carefully consider what monthly rate you can afford, without having to worry about major financial problems when buying a large household item (eg washing machine).