Auto loan calculator and car payment tool with different interest rates

With interest rates at historic lows, buying a car is no brainer. But before you do that, it is important to know how much is your monthly auto loan payment.

Below car loan calculator is a simple calculator which estimates monthly payments based on the amount of loan, annual interest rate and term of the auto loan. It also provides car payment for different interest rates, +1% and -1%. What many people do not know is you can get an auto loan from any bank. It need not be from the dealer provided source. Calculate your monthly and shop around for the best rates. Usually credit unions give you best interest rates.

Car loan calculator with interest

Enter Loan Data:
Amount of the loan ($):
Annual interest (%):
Repayment period (years):
Approximate Payments (for the interest rate you entered):
Monthly payment:$
Total payment:$
Total interest:$
Approximate Payments (for the interest rate you entered – 1%):
Monthly payment:$
Total payment:$
Total interest:$
Approximate Payments (for the interest rate you entered + 1%):
Monthly payment:$
Total payment:$
Total interest:$

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