I’ll also explain what debt consolidation is, different types of debt consolidation loans, where to get debt consolidation loans, alternatives to debt consolidation, and how to avoid scams.Lending Club is the nation’s largest peer-to-peer lender.Whether you have federal student loans (such as Stafford, PLUS, or Federal Perkins loans) or private student loans, there are a number of student loan consolidation services that can help you consolidate your loans into one single debt.This can result in lower interest rates, and, in some cases, dramatically reduced monthly loan payments.
If you need help educating yourself on your debt consolidation options, you can start with the section titled “What is Debt Consolidation?
The final section is the amortization tables, there are three tabs here, the first shows your car loan amortized yearly, the second shows the monthly amortization for people who need full details and the third provides some further information breaking down all of the costs individually.
Each row on these amortization tables gives you a snapshot of your loans position at the end of the specified year or month and tells you exactly how much principal and interest you would pay, and the remaining balance at that point in time.
While this auto loan calculator should be highly accurate and give you a solid idea about the costs of a proposed car loan, it is not professional advise and should not be relied upon when making your final purchasing decision.
Always talk to a professional directly and fully understand what you are getting into before signing a loan contract.
This chart shows you the balance of your loan at the end of each month over the term.