Features
1. Core Functionality
- Comprehensive auto loan calculator with accurate payment estimates.
- Includes fields for car price, trade-in value, loan term, APR, and more.
- Calculates monthly payments, total loan cost, and total interest paid.
2. Risk Analysis
- Default risk probability based on loan-to-value ratio, APR, and debt-to-income ratio.
- Visualized with easy-to-understand metrics and recommendations.
3. GAP Insurance Recommendation
- Evaluates the necessity of GAP insurance based on user inputs.
- Provides tailored advice for financial protection.
4. Amortization Schedule
- Generates a detailed amortization table with principal, interest, and balance for each month.
- User-friendly presentation for better loan management.