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Home & Family Finance Resource Center

Sunday, November 22, 2009

Calculator: What Will My Car Payment Be?



Take a few minutes to scope out your anticipated car payment before you commit to a new- or used-car contract.

Use this calculator to help you understand how all the variables affect your car deal. And be sure to call or visit the credit union to apply for your loan.

Purchase price
 
$  
Cash rebate available
 
-$  
Value of trade-in
 
-$  
Amount you owe on your trade-in
 
+$  
Down payment
 
-$  
Total Loan Amount
 
$
Loan term (months)
 
 
Interest rate
 
%
MONTHLY PAYMENT $

This calculator is solely for informational purposes and provides reasonably accurate results of car payments; the calculations are not intended to be relied upon as actual loan computations.

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