Car Financing Tools
Auto Loan Calculator
Monthly Repayment Estimates
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Total Interest Paid
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Total Cost of Loan
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Loan Customization
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Finance Tip: Increasing your trade-in value or down payment directly reduces your principal loan amount, which significantly lowers the total interest paid over time.
Understanding Your Car Loan
Buying a vehicle is a major financial commitment. Our auto loan calculator helps you visualize how different interest rates, down payments, and trade-in values impact your budget. By adjusting these variables, you can find a monthly payment that fits your lifestyle while minimizing long-term costs.
The 20/4/10 Rule: Experts recommend a 20% down payment, a loan term no longer than 4 years, and keeping total vehicle costs under 10% of your monthly income.