Use the Auto Loan Calculator to calculate monthly payments based on a specific Loan
Amount. You can even determine how quickly you would pay off your auto loan when
making extra payments over time. Finally, click on the Amortization Table button
to see how quickly your payments will pay down principal, and how much interest
you will pay over the life of the loan.
Loan Origination Date: Date of auto purchase.
Total purchase price: This is the total cost of your auto purchase. Include the cost of the vehicle, any additional options, any destination charges and all taxes.
Term (In Months): Number of months for the loan.
Trade Allowance: The total amount that is given for any automobile that you trade-in as part of the sales transaction.
Cash Down: Total amount of cash given in the sales transaction.
Interest Rate: Annual rate of interest for the purchase.
Monthly Payment: Monthly payment for auto financing.
Paid-Off Date: Date of auto loan completion.
The loan calculator is for illustrative purposes only and we do not guarantee its accuracy. When addressing your individual financial circumstances please consult qualified professionals. Rates and Terms will change based on age of collateral and individual credit standing.