If you have a car loan through Bank of America, you can make your loan payment in any of the following ways: Online: Log in to your account here and make your payment. By Mail: Send your payment to the following address: Bank of America Auto Loans, P.O.How do you calculate a monthly car payment?
The formula to calculate a monthly car loan payment looks like this: (P x (i / 12)) / (1 – (1 + i / 12) -n) P = Loan Principal. i = Interest Rate. n = The number of payments in the life of the loan, i.e. the loan terms, in months.