Car Loan Payment Calculator
|Monthly payment *||$0|
|Title, registration, fees|
|Loan term (months)|
|* .plus extra payment of|
Our auto-loan calculator gives you a full break down of the costs you should expect from your car financing. Unlike most auto-loan calculators, our calculator allows you to include a range of different fees, taxes, and payments to ensure you know the true cost of your loan.
To get started, input the total purchase price of your vehicle along with the frequency of your payments. After this, determine your downpayment and if your current car has any trade in value.
Under the ‘Taxes And Fees’ tab, enter your prospective loan’s interest rate and payment term. After this, enter title and registration fees, along with your sales tax rate. Determine if your TT & L are included in the loan, as well as whether your sales tax is tax deductible.
If you plan on making extra monthly payments to reduce the term of your loan, enter the extra monthly payment under the ‘Save Via Extra Payments’ tab.
A summary of your costs will be displayed underneath the calculator. Our calculator will then give you a full breakdown of all the costs you should expect to pay throughout the duration of your loan. As you can see, it’s a great way assess the viability of your car payments. We consider all the different factors for your auto loan to help you make your decision.