Your payment is calculated based on your chosen interest rate and repayment period. The type of loan (interest-only or amortizing) will determine the loan payment formula and how interest is ...

Recently, many friends have asked me about used car loans, so today let's discuss it. The process of obtaining a used car ...

Are you planning to borrow money for a car, house, or personal expense? Grab a loan calculator; it helps you budget.

Auto loan interest is the cost of borrowing money to purchase a car. The lender will look at your credit score, debt-to-income ratio and other factors to determine what interest rate it offers. To ...

Knowing how much car you can afford can be tricky, especially for first-time buyers. But it’s important to run the numbers so you don’t end up with an unmanageable auto loan payment. Not everyone ...

Just bought a new commercial truck or considering buying one? Use our semi truck loan calculator to estimate your monthly payments, or see the cost of the truck you can afford. Many, or all, of the ...

When you consider taking out a loan, it’s important to make sure you can afford the payments. Unfortunately, calculating repayment on some loans may involve complex interest calculations. But personal ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...