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How Do You Calculate Total Interest?
Multiply the total amount you borrow by the interest rate of the loan by the number of payments you will make. If you borrow $500 at an interest rate of six percent for a period of six months, the calculation displays as 500 x . 06 x 6 to arrive at a total interest calculation of $180.00.
How To Calculate The Total Interest Cost of a Car Loan
This finance video tutorial explains how to
How to Calculate the Total Interest on a Loan in Excel
How to
Calculate monthly payment and total interest for a car loan
This video shows you how to
