Instructions

This calculator is for estimation purposes only. It is not an offer to lend. This calculator requires that JavaScript® be enabled in your browser.
Price
The price is the cost of the vehicle before the down payment or trade-in value are subtracted. The price may be filled in automatically if you came to this form from a page showing a vehicle's price.
Sales Tax
Entering the percentage charged for sales tax will automatically add the tax to the amount financed.
Down Payment
The downpayment is the amount of cash you expect to be able to pay at the time of purchase.
Trade-In Value
The trade-in value is the amount you expect to receive for your current vehicle.
Amount Financed
The amount financed is the money you need to borrow. It is the difference between the price of the vehicle and the sum of the down payment plus the trade-in value of your current vehicle.
Interest Rate
The interest rate is the annual rate you are charged on the amount financed.
Loan Length
The loan length is the number of years you have to pay back the amount borrowed.
Payment Frequency The payment frequency is how often you must make a loan payment.
Calculate
Press the calculate button to determine the payment amount based on the amount financed and the interest rate.
Amortize
Press the amortize button to create a new window that shows how much you will pay in interest during each year of the loan.
Payment Amount
The payment amount will be calculated based on the amount financed, interest rate and term of loan.
Total Interest
The total interest is the amount of interest you will pay over the term of the loan.