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This financial calculator, lets you know just how much vehicle
you can afford (i.e., after all down payments, trade-ins ,etc. have been
deducted from the total price). Enter values in the fields below to find out
how much your loan would be with the given number of monthly payments, the
annual interest rate, and the maximum amount of the monthly payment you can
afford. All you need to do is enter the term of your loan. Number # of months, interest rate
and the loan
amount.
Example
Enter the number of months
- For a 2-year loan, enter 24
- For a 3-year loan, enter 36
- For a 4-year loan, enter 48
- For a 5-year loan, enter 60
Interest Rate
Enter the interest rate. If the rate is 6.65 APR,
enter 6.65
Loan Amount
Enter the amount of the loan. If the amount is $11,995
enter 11995
Monthly Payment
To calculate your monthly car payment, click the Enter
button.
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