Using the loan calculators on creditunion.ie, compare the monthly repayments and total interest for a €10,000 Car Loan over 4 years versus a €10,000 Green Car Loan over 4 years. Also, identify the average interest rate (APR) for each. Provide all six results clearly.
Navigate to the 'Car Loans' page. Adjust the 'Car Loan Calculator' to a loan amount of €10,000 and a duration of 4 years. Record the monthly repayment, total interest, and average interest rate (APR) for the Car Loan. Navigate to the 'Green Car Loans' page. Adjust the 'Green Car Loan Calculator' to a loan amount of €10,000 and a duration of 4 years. Record the monthly repayment, total interest, and average interest rate (APR) for the Green Car Loan. State the monthly repayment, total interest, and average APR for both the Car Loan and the Green Car Loan.
The Car Loan Calculator is set for a €10,000 loan over 4 years. The Green Car Loan Calculator is set for a €10,000 loan over 4 years. State the exact estimated monthly repayment for the Car Loan (€245.54). State the exact total interest to be paid for the Car Loan (€1,785.91). State the exact average loan interest rate (APR) for the Car Loan (8.3%). State the exact estimated monthly repayment for the Green Car Loan (€246.96). State the exact total interest to be paid for the Green Car Loan (€1,853.86). State the exact average loan interest rate (APR) for the Green Car Loan (8.6%).