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Auto Financial Calculators
Auto Financial Calculators
Auto Financial Calculators

Calculate a Vehicle Payment

Your monthly payment is based on the net purchase price of the vehicle, the loan term and the interest rate for the loan. Loan amount is based on the net purchase price of the vehicle (plus sales tax) or the vehicle price less any cash rebate, trade-in or down payment. If you have an outstanding balance on the vehicle you trade-in, that amount is added to the price of the vehicle you are purchasing.

Calculate a Vehicle Payment

Your monthly payment is based on the net purchase price of the vehicle, the loan term and the interest rate for the loan. Loan amount is based on the net purchase price of the vehicle (plus sales tax) or the vehicle price less any cash rebate, trade-in or down payment. If you have an outstanding balance on the vehicle you trade-in, that amount is added to the price of the vehicle you are purchasing.

Low Rate or Cash Back?

Vehicle manufacturers or dealers will often offer incentives to purchase a specific vehicle in the form of a low rate loan or a cash back incentive. While a low rate loan sounds attractive, you might be better off taking the cash back, using it to add to your down payment and reducing the loan amount for the vehicle. Evaluate which option is best. A lower loan amount will mean a lower monthly payment and you might find that the interest savings you'll gain by the low rate loan is less than the cash back amount.

Low Rate or Cash Back?

Vehicle manufacturers or dealers will often offer incentives to purchase a specific vehicle in the form of a low rate loan or a cash back incentive. While a low rate loan sounds attractive, you might be better off taking the cash back, using it to add to your down payment and reducing the loan amount for the vehicle. Evaluate which option is best. A lower loan amount will mean a lower monthly payment and you might find that the interest savings you'll gain by the low rate loan is less than the cash back amount.

Compare Monthly Payment by Term

The term of your vehicle loan can make a big difference in what your monthly payment looks like. It can also have significant impact on the amount of interest you'll pay over the course of the loan. You pay interest each month on the outstanding balance of the vehicle loan, so the longer the term of the loan the more interest that you'll pay until the loan is paid off.

Compare Monthly Payment by Term

The term of your vehicle loan can make a big difference in what your monthly payment looks like. It can also have significant impact on the amount of interest you'll pay over the course of the loan. You pay interest each month on the outstanding balance of the vehicle loan, so the longer the term of the loan the more interest that you'll pay until the loan is paid off.

Vehicle Affordability by Loan Term

The purchase price of the vehicle you can afford is based on several factors, including the monthly payment you can afford to make, your down payment, the net value of any vehicle you will be trading in and any rebates or cash back offers available from the dealer or manufacturer.

Vehicle Affordability by Loan Term

The purchase price of the vehicle you can afford is based on several factors, including the monthly payment you can afford to make, your down payment, the net value of any vehicle you will be trading in and any rebates or cash back offers available from the dealer or manufacturer.

Compare Two Vehicle Loans

As you determine which vehicle to buy and which loan terms to choose, the choices you make can have a significant difference regarding what your monthly payments will be and what the costs of the loan will be once the loan is paid off.

Compare Two Vehicle Loans

As you determine which vehicle to buy and which loan terms to choose, the choices you make can have a significant difference regarding what your monthly payments will be and what the costs of the loan will be once the loan is paid off.

Gas Mileage Savings with a Fuel Efficient Vehicle

As the price of gasoline continues to rise, the question often arises as to whether it makes financial sense to trade-in a 'gas guzzler' for a more fuel-efficient vehicle. Several factors will impact that decision, including the cost of the new vehicle, the number of miles you drive and the cost of fuel. You can calculate your monthly fuel savings based on your current miles per gallon, miles driven per month and cost of fuel. Then you can estimate how much you will save by purchasing a more fuel efficient vehicle and when you will breakeven on the fuel efficient vehicle purchase.

Gas Mileage Savings with a Fuel Efficient Vehicle

As the price of gasoline continues to rise, the question often arises as to whether it makes financial sense to trade-in a 'gas guzzler' for a more fuel-efficient vehicle. Several factors will impact that decision, including the cost of the new vehicle, the number of miles you drive and the cost of fuel. You can calculate your monthly fuel savings based on your current miles per gallon, miles driven per month and cost of fuel. Then you can estimate how much you will save by purchasing a more fuel efficient vehicle and when you will breakeven on the fuel efficient vehicle purchase.

Purchase or Lease a Vehicle

Does it make better sense to buy or lease a new vehicle? That depends on some factors, such as the residual value of the car you intend to purchase, the amount of money you pay up front as a capitalized cost reduction and the cost of financing. A lease will usually be a more attractive option when compared to a vehicle purchase when measured over a comparable term. Keep in mind that with a lease, you will have to return the vehicle at the end of the lease term, whereas if you buy, you will own the vehicle and will be able to continue driving it after the term expires.

Purchase or Lease a Vehicle

Does it make better sense to buy or lease a new vehicle? That depends on some factors, such as the residual value of the car you intend to purchase, the amount of money you pay up front as a capitalized cost reduction and the cost of financing. A lease will usually be a more attractive option when compared to a vehicle purchase when measured over a comparable term. Keep in mind that with a lease, you will have to return the vehicle at the end of the lease term, whereas if you buy, you will own the vehicle and will be able to continue driving it after the term expires.