Auto Loan Calculator

Think you’re ready to buy? Take a look at the numbers and act with confidence.

If you need a car but are not sure about what kind of loan would work best for you, using an auto loan calculator may help you to familiarize yourself with how interest rates and loan terms can potentially affect your monthly payments of your car loan.

Estimate your monthly new or used car loan payment

This tool can help you figure out how much you might spend each month for your car.

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mo
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$

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Your monthly payment would be

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How Much Car Can I Afford?

Great question. Fill in the boxes below to help with the answer and determine what price you can afford to pay for a car.

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mo
%
$

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You may be able to afford a loan amount up to

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A Little Extra

Fill in the boxes below to see how putting additional money toward your monthly payment may affect your payoff amount.

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mo
%
mo
$
$

Please check the numbers


Loan term shortened by

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Total interest saving

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The Refinance Option

Fill in the boxes below to discover if you can save money by refinancing your current vehicle.

Current loan

$
$
%

New loan

$
mo
%

Please check the numbers


Monthly payment saving

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Monthly payment

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0(new)


Interest saving

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Interest payment

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Change in Cost

To see the potential savings in fuel cost from your current vehicle to a new one, fill in the blanks below.

MPG
MPG
miles
$/gal
Avg. regular fuel price is

Please check the numbers


Annual fuel savings with the new car

0

*APR is the Annual Percentage Rate or the cost of your credit at a yearly rate.

Using a car loan calculator can help you better understand car financing in several ways. It can act as a simulator of real-world financial situations that can reveal all kinds of information to lead you to what will work best for your situation. Whether you decide to buy a new car or a used car, loan calculator familiarization is a great way to get a financial picture of what’s ahead.

The details of a financial transaction can be just that: detailed. There’s no reason to go into a situation with your eyes closed. Get informed, and get the information that pertains specifically to you and your finances. Start here, enter your numbers and prepare yourself with good financial intelligence.

Auto loan calculators can be useful tools for anyone who plans to purchase a vehicle. It never hurts to have more knowledge, and using the right tools and the right information, you can start to apply what you learn when you make a plan of action.

When you feel that you’re properly informed and ready to get started, apply here, and see what kind of deal RoadLoans can offer you today.