No video :(

How to calculate car loan payment

Подписаться 91 тыс.

Просмотров 88 тыс.

50% 1

In this video, I'll show you have to calculate your car loan payment, interest rate, total price and how long to pay it off. When you buy a car and need to finance it, make sure you know how to calculate a car loan payment.
Link to 10bii calculator -- bit.ly/31vePhC
💸 FOR MORE FINANCIAL PLANNING & ASSET MANAGEMENT 💸
Book a meeting and start financial planning and investing
bit.ly/SickleHunterOnline
Try out our financial planning tool today.
travissickle_youtube1.gr8.com/
#carpayment #carloan #carbuying
/////////////////////////////////////////////////
Get answers FASTER...
Join this channel to get access to perks:
/ @travissickle
Chat on discord:
Join Link / discord
Support on Patreon:
/ travissickle
Get IRS FORM W4 TAX WITHHOLDING HELP HERE STARTING AT $39. bit.ly/3FJ6w8U
-----------------------------------------------------
Are you ready for professional investment advice? We can help you with financial planning and asset management. Let us guide your investments to your financial freedom. START HERE bit.ly/2Fo21Ry
Our financial planning process is an ongoing relationship because as you grow, your financial plan grows with you. At Sickle Hunter Financial Advisors, we believe that saving and making sound financial decisions will help improve your life’s changing needs and objectives. Retirement, college planning, wealth building, social security, and career benefit packets are only a few of the financial decisions that you may face in your lifetime and we’re here to help guide you.
TRAVIS T SICKLE, CFP®, EA®, AAMS®, CRPC®, RICP®
CERTIFIED FINANCIAL PLANNER™
Company Website: www.sicklehunt...
twitter: @travissickle
Instagram: / travistsickle
Facebook: / sicklehunterfa
LinkedIn: / travissickle
Sickle Hunter Financial Advisors
1646 W Snow Avenue
Suite 144
Tampa, FL 33606
Check out Google Business Profile g.page/r/CXEtU...
-------------------------------------------------------
Gear Used in Videos bit.ly/3bUPvXP
Partnership referral links
Aura Identity Theft Protection Up to 50% off HTTPS://www.aura.com/t...
Bitcoin IRA bitcoinira.pxf...
bit.ly/3OPpmjZ
All Amazon links are affiliate links
____________________________________________________________________________
Information in this video is for educational and entertainment purposes only.
sicklehunter.com/disclosures
____________________________________________________________________________
#travissickle

Опубликовано:

14 авг 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 92

@TravisSickle 4 года назад

Link to 10bii calculator -- bit.ly/31vePhC

@TravisSickle 4 года назад

The calculator is a generic 10bII Financial calculator. I’m sure they are on android too. If you find one, send me the link. I don’t have an Android

@jasonwilson989 4 года назад

6 dollars for a calculator 🙄🙄

@TravisSickle 4 года назад

Oh man that’s what they’re charging now?

@benjaminsmith2437 3 года назад

I bought a car for $16,000 put down $2,000 on it and they gave me an interest rate of 17.72% my payment car payment will be 375 a month how much that goes to the interest how much that goes to ask her on

@TravisSickle 3 года назад

I think there may be something missing. How long is the loan, 5years? They’re charging for something else.

@mayraparedes5023 Год назад

Hi I am looking to buy a new car, but I am a little confused in the video the loan amt. Is 20,000, and the interest rate is 1,562.43, why is the total cost to own 31,562.43 shouldn’t it be 21,562.43?

@TravisSickle Год назад

The example said the car was $30,000 and making a $10,000 down payment, so you're financing $20,000.

@diriazi Месяц назад

@@TravisSickle I’m confused. Loan amt is 19,000. Interest Rate is 1,484.31 = $20,1484.31

@diriazi Месяц назад

Oops I meant $21,484.31

@youtubefun5782 4 года назад

After watching this video I think bicycle is better for me

@curtisreese9403 2 года назад

Outstanding class Travis, thank you for sharing your knowledge sir.

@divadjm 4 года назад

A more accurate description of this tutorial would be “How to use a financial calculator.”

@TravisSickle 4 года назад

🤔

@jazebootygainz6415 3 года назад

For real lol

@TravisSickle 3 года назад

I literally made this video after I bought my car and the sales team tried to fudge the numbers. When I broke out my calculator they backed off and I got what I needed.

@girlband 4 года назад

60 monthly payments of $16.67 for every $1,000 financed. What's this all about on a 0% apr loan?

@stevehalter4224 3 года назад

So I bought a car last year on 75 months at 4.7%. How can I figure out how much I should pay weekly, in order to pay it off in 48 months? My balance is 29850.00.

@shivawin4ever Год назад

Excellent explanation, thank you

@iotolaofrocknrolla2795 Год назад

great video. Thanks

@barcacona 5 лет назад

Honestly, I have an engineering degree and I find it absolutely complex to understand this calculator. If only you could explain this with examples and with pen and paper you would benefit most of us..

@vilmaestrada945 5 лет назад

What is the name of the app for the calculator?

@MrDarthvis 3 года назад

I agree, anyone that likes to understand the math or formula would benefit a lot when you wrote it out. Sure I can spend time to figure out the formula, but writing it out is the best classical method.

@TravisSickle 3 года назад

So you want to see how the actual formulas work?

@MrDarthvis 3 года назад

@@TravisSickle yes for example when you write it out side by side with different scenarios like high versus low apr, how and low amoint financed, shorter versus longer time frame, it helps explain the numbers more. The calculator method youve shown helps, but for new people into the market like myself, it helps to explain it with writing.

@TravisSickle 3 года назад

Ok, I’ll do that soon. I did the calculator so it’s quick and practical to run numbers on the spot in a dealership. That’s what I do while negotiating. I’ll do another video to show the formulas. Thanks for watching and feedback.

@dapperlygrungy3189 4 года назад

I was hoping you would do a tutorial on the physical calculation without the use of a calculator. Thumbs up anyway.

@TravisSickle 4 года назад

As in the formula I did using the calculator?

@dapperlygrungy3189 4 года назад

@@TravisSickle Yes! I wanted to see the calculation on paper.

@NickC4real 2 года назад

@dapperly grungy did he ever provide a better example ?

@hunterhowlett4332 5 лет назад

What’s the app for the calculator?

@mikesmoot1090 Год назад

My question is, what if you pay off you interest rate, so lets say I have a loan for 17.000 with 3% interest rate so it’s 1400 what if I just pay off it all off wouldn’t that now allow me to just may my car note, because let’s say your only paying 399 a month 168 is going towards the car payment and the half is going towards the interest so you in your car for a longer period of the time. But if I pay the interest rate off I can focus on paying the car not off faster, I meant principal payments

@gadyquinonez6845 2 года назад

This video is excellent!!!!

@TravisSickle 2 года назад

Thanks! I appreciate it

@rickybobbydastar6534 Год назад

@@TravisSickle how is 3% of 20,000, not 600 dollars but instead 1,562 ? Please simply explain

@vilmaestrada945 5 лет назад

Where's the link you said you would post????????????

@olgawatson3894 4 года назад

Excellent presentation. Well explained.

@jennifernagy7164 4 года назад

Omg will this work in Canada or is y’alls loans in the states different lol

@TravisSickle 4 года назад

Same. It’s just math.

@bagungus101 3 года назад

I’m having a hard time with the i/yr I was under the impression that the interest at a dealership was yearly But they told me it was monthly so every month my interest is based on my remaining principal So if I have an interest rate of 3% then my yearly interest rate is 36? Or still 3%? I’m just trying to figure out if I should put 3.00 or 36.00 in the I/YR

@trentcalson105 2 года назад

I also got two biweekly paystub for my loan to be approved

@JD-kf2ki Год назад

And + Sale tax + license fee + registration + doc fee + all kinds of fee.

@TravisSickle Год назад

those don't change regardless. Just a video on the finance costs.

@sami_canadi8042 2 года назад

Can you please help me understand .I'm trying to finance a car 🚗 with 27% the loan is $3600 .and they told your monthly payments would be $1180 .can please get back to me thanks

@TravisSickle 2 года назад

Doesn’t make sense. Your monthly payment is $1,180?

@sami_canadi8042 2 года назад

@@TravisSickle So please 🙏 explain my interest rate is 26% the car is 36000 how much I have to pay a month or 60 months financing I don't understand I look it at your video . But please can you make a video .with 26.99 or 27 % rate

@akredytoshoot 4 года назад

Any free 10Bii financial calculator?

@MarwanA79 5 лет назад

Where is the link for the financial calculator pls?

@MarwanA79 5 лет назад

@@TravisSickle no I have an android phone

@great4ever845 5 лет назад

You don't need a app lol

@areviryyr 3 года назад

Thanks🙏 I hate math but could understand this.

@powerofknowledge7771 2 года назад

This would have been so much easier to understand with a normal calculator

@TravisSickle 2 года назад

It's just not possible with another calculator.

@elialexander9188 2 года назад

I finally got a Lexus with the biweekly stubs I got to prove my income

@trentcalson105 2 года назад

From Credible cyber tbh

@steveaustin6536 3 года назад

10bii emulators -- GOTTA LOVE IT! (Every finance student's forced marriage.)

@sidharthchand8072 4 года назад

They have apps for that

@TravisSickle 4 года назад

sidharth chand this is an app for that lol

@maximobarbieri2158 Год назад

Good day sir, I wasn't able to find the app financial calculator you use to do this demo? Will shared the link if possible thank you

@TravisSickle Год назад

It's also on our discord server Join Link discord.gg/enuJThjHJ9

@BearPapa49 4 года назад

Just down load car payment calculator it works . Free

@henryhill3778 3 года назад

Car Loans are for FOOLS! Who cares what you drive! Stop your EGO. Buy a cheap Dependable car for CASH! Save your $ and Sanity. Wanna be rich when you get old? Don't take out Loans! If you have a car loan, you MUST insure the loan for the bank, and you're a FOOL!

@NickC4real 2 года назад

This does not help… I would like to see the actual steps including the actual price plus interest and what the total amount of the load would be and monthly payment without it a special app that’s even more confusing than multiply or dividing

@TravisSickle 2 года назад

hmmmm. It's all here. I'm using a financial calculator. The actual price plus interest is the payments ($359.37). The total amount of the loan would be payments multiplied by months (in this case, 60 months).