Google is currently testing a new loan interactive calculator for making car payments easier.
The test was spotted by both Dr. Pete Meyers and Kyle Sanders.
The car loan calculator is similar to the Google’s mortgage calculator which was launched on February 2015.
The functioning of the calculator is quite easy. One can enter the loan amount, its interest rate and the period of loan. Google gives details regarding monthly payments.
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One can access the details of maximum amount provided for loan with this feature.
The feature is very much useful to people as they are often confused with the car loan and its payment.