Expert Advice for APR

All Questions on APR

How much is my car loan payment?
How much will my car loan payment be per month? I was offered a $20,000 car loan with a 5.34% APR and I’m just wondering how much I’ll have to pay every month. I want to make sure I can afford it before I sign the agreement.
avatar
Liz Jenson
Should I refinance my car loan?
I’ve been working hard to get better credit and my credit score has improved. Should I refinance my car loan? What would it benefit?
avatar
Lauren Smith
Why is my car loan interest rate so high?
Is there a reason that my car loan interest rate is so high? I feel like I see advertisements for 0% APR all the time, but I can’t find an interest rate below 6%.
avatar
Liz Jenson
What’s the highest APR on a car loan?
I was recently shopping around for some lenders to refinance my auto loan, and I noticed that some lenders have higher average interest rates, but they never seem to get above a certain number. What’s the highest APR on a car loan?
avatar
Michael Miserendino
Where can you refinance a car loan?
Is there a specific place I need to go to refinance my car loan? I want to try to lower my payments, but I’m not sure where I should look.
avatar
Liz Jenson
What's the average interest rate on a used car loan?
I want to get a used car, but I can’t afford to buy it outright, and I’m not sure what a good interest rate would be for me. What is the average interest rate that most people can expect to get on a used car loan?
avatar
Liz Jenson
How do you get a low APR car loan?
What do I need to do to get a low APR car loan? I haven’t gotten any offers with a low APR, and I don’t know if I’m doing something wrong or just looking in the wrong places.
avatar
Liz Jenson
How can I reduce the interest rate on my car loan?
I want to get a lower interest rate on my car loan. How do I go about it?
avatar
Eric Schad
Is 4.0% a good interest rate for a car loan?
Is 4.0% a good interest rate for a car loan if I have a 690 credit score? I want to make sure I’m getting a good deal so that I don’t have to refinance the loan later.
avatar
Liz Jenson
What APR will I get on a car loan?
Is there a way to figure out the APR that I’ll get if I get a car loan? I have a 705 credit score right now if that matters.
avatar
Liz Jenson
Can I get a used car loan with bad credit?
My credit score is below 530, and I’m looking to get a loan for a used car. Can I get a used car loan with bad credit?
avatar
Michael Miserendino
What is a good APR rate for a car loan?
What would be considered a good APR rate for a car loan? I’m not sure what kinds of rates I should be looking for and which ones I should stay away from.
avatar
Liz Jenson
How do you determine APR on a car loan?
I got a new job recently, and I’ve been trying to calculate how much disposable income I have each month and year. To come up with an accurate number, I need to factor in my car loan repayment. What’s the easiest way to determine the APR on a car loan?
avatar
Jack Walsh
How much can you get for a car title loan?
I need some extra cash quickly and want to apply for a car title loan, but only if it offers enough money to cover my expenses. How much can I get for a car title loan?
avatar
Jack Walsh
Car payments interest/principal
Is it normal that my payment is always 75-80% going to interest and not much to principal? I've made 32 payments and have paid about 20k but only 7k had gone to principal. The loan was for 21k at 22% yaikssss.
avatar
Emily Maracle
Do new car loans use compound interest or simple interest?
I want to make sure I know how a car loan works before I sign on the dotted line. Do car loans use simple or compound interest?
avatar
Eric Schad
What is the standard car loan interest rate for used vehicles?
I want to get a nice car, so I’ve been shopping for a certified pre-owned vehicle from dealerships. I’d like to take out a loan, but I don’t know much about them. What’s the standard car loan interest rate on a certified used vehicle?
avatar
Eric Schad
What is financing, APR, and MSRP on a car loan?
What do APR and MSRP mean? I keep hearing commercials on the radio about financing, APR, and MSRP on cars and car loans.
avatar
Eric Schad
How do you calculate your interest rate on a car loan?
Is there an easy way to calculate the interest rate on a car loan? I want to make sure that my current loan is still the best deal available, but I don’t remember what the interest rate was.
avatar
Liz Jenson
What are interest rates for car loans if I have good credit?
I have a credit score of 795 and a credit history spanning more than 10 years. I had a car loan in the past, but I paid it off about five years ago. Since I haven’t shopped around in half a decade, what are interest rates for car loans if I have good credit?
avatar
Eric Schad
How is the interest rate on a car loan calculated?
What information do lenders use to calculate the interest rate on a car loan? I don't know what to expect when I apply for loans, but I want to be prepared so I can get the best rate.
avatar
Liz Jenson
How do you know the interest rate on a car loan?
I know that most people use the interest rate to compare car loans, but I’m not sure how to find that number. Where should I look to find out the interest rate on my car loan?
avatar
Liz Jenson
How do you figure the monthly payments on a car loan?
How do I figure the monthly payments on my car loan? I want to know how much I’ll be paying every month before I sign the agreement.
avatar
Liz Jenson
What type of car loan is best?
Are there different types of car loans? I'm getting a loan for the first time and I want to be sure I have the best one.
avatar
Emily Maracle
How can a car dealer offer a 0% car loan?
I was shopping around for car loan rates and I found a local dealer with a 0% promotional car loan rate. How is that possible? Am I missing something?
avatar
Eric Schad
Should I apply for a car loan before buying a car?
I'm in desperate need of a new car. I'll need a loan, but I'm not sure what order to go in. Should I apply for a car loan before I buy my car?
avatar
Lauren Smith
What's an average APR for a car loan?
Is there an average APR that I should be looking for in a car loan? I want to get a new car, but I don’t have any frame of reference for what qualifies as a good or bad APR.
avatar
Liz Jenson
If I was approved for a different loan after signing an initial contract at the dealership, do I have to sign it?
I recently purchased a car, and the dealership told me that I would be paying $658 a month for 85 months and my interest would lower as the loan matures. However, they called me two days later to tell me the bank approved something different, and I would have to sign a new contract where my monthly payments would be higher but I would pay over a shorter time frame. Do I have to sign this contract, or would it be more convenient to stick to what they first told me?
avatar
Jack Walsh
Can I add my husband to my car loan?
I recently got married, and I want to help my husband build his credit. Can I add him to my car loan to help him do this?
avatar
Eric Schad
Is 756 a good credit score for a car loan?
Now that I’m commuting again, I want to buy a more fuel-efficient car. I’ve never taken out a car loan before, though. I have a credit score of 756—will it be easy to get a car loan?
avatar
Shannon Fitzgerald

Easiest way to compare and buy car insurance

√
No long forms
√
No spam or unwanted phone calls
√
Quotes from top insurance companies
Find insurance savings — it's 100% free