Car Loan Calculator


Car Loan Calculator

Estimate your monthly payment for your next car using the calculator below

 

Interest

1550

Interest

Interest is the dollar amount the credit will cost you.

Taxes

0

Taxes

The amount presented for taxes reflects the dollar amount of tax based on the MSRP and Tax Rate shown.

Estimated Total Cost (including taxes and interest)

31,550

Estimated Total Cost

The Estimated Total Cost is a summation of the Amount Financed, Finance Charge and Taxes and any cash down payment and/or net trade-in amount.

Vehicle Price

$

Vehicle Price

The Manufacturer Suggested Retail Price (MSRP) or “sticker price” is the recommended selling price for the vehicle. The Dealer may adjust the actual selling price, either higher or lower. The MSRP excludes transportation and handling charges, destination charges, taxes, title, registration, preparation and documentary fees, tags, labor and installation charges, insurance, optional equipment or packages and accessories.

Cash Down Payment

$

Cash Down Payment

The Down Payment is an up-front cash payment made when you purchase the vehicle that reduces the amount financed. This app uses a default cash down payment of 20% of MSRP.

Trade-In Value

$

Trade-In Value

The Trade-In Value is the value of your trade-in vehicle. The dealer will determine the amount you actually receive for your trade-in vehicle.

Tax Rate

%

Tax Rate

The sales tax rate provided is for sample purposes only. This app uses a default tax rate of 0%. If you know the sales tax rate for your location, please enter it in the field provided.

Term

mo

Term

Term represents the repayment period in months for the amount financed. This app uses a default term of 60 months.

APR

%

APR

APR is the Annual Percentage Rate. Actual APR is based on the creditworthiness of the customer. Not all customers will qualify for the lowest rate.

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Last updated: Wednesday, July 17th, 2019 - 2:45PM