Auto Loan Calculator
Determining the best loan terms for your situation can be a daunting task, especially if mathematics isn't a strength of yours. So, let the auto loan calculator below make the job easier.
Just insert the amount and length of the loan along with the interest rate to see what your monthly payments will be. Experiment to see how much money you can save on your loan by making a bigger down payment, buying a cheaper car, or making higher monthly payments. A little time spent crunching numbers now can wind up saving you a lot later.
You can use this tool to compute loan costs for either new or used cars.
Along with your monthly loan payments, there are other costs to consider when buying or leasing a car.
When you purchase or lease a vehicle, you'll generally be responsible for:
- Your state's motor vehicle agency titling fees.
- Paying for annual or biannual vehicle registration and license plates.
- Shopping around and buying an auto insurance policy.
Additionally, your state's Department of Motor Vehicles (DMV), Department of Revenue (DOR), Motor Vehicle Division (MVD), Secretary of State (SOS), or county clerk may require that you get a vehicle inspection, emissions test, or smog check before you can register your car.
For specific details about the additional costs of buying or leasing a new vehicle, contact your state's DMV, DOR, MVD, SOS, or county clerk's office.
You can also visit our pages on the following topics to find more information about registration, titling and car insurance costs:
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