Posted by **claudia** on Saturday, March 12, 2011 at 9:42pm.

what would be your monthly car payment on a $15000 4 year loan @ 10%. Payments are made at the end of each month

- Finance -
**Ms. Sue**, Saturday, March 12, 2011 at 9:49pm
http://www.onlineloancalculator.org/

- Finance -
**Reiny**, Sunday, March 13, 2011 at 12:59am
15000 = payment [1 - .10/12)^-48]/(.10/12)

15000 = payment [39.42816039]

payment = 15000/39.42816039 = 380.44

which is exactly what Ms Sue's on-line loan calculator gave me.

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