Car Loans

Should you get a loan for your next car? How much can you afford? What is your monthly payment going to be? Our free calculators will provide answers to your questions, and our articles and advice will help you make a wise decision.

Before signing a loan agreement, be sure to use our Car Loan Calculator to double check your monthly payment. Often times, especially with dealer financing, dealers will give you the purchase price, interest rate, term, and monthly payment, not telling you about hidden costs and extra "insurance" fees added to the loan. In one case we were quoted a monthly payment that was almost $200 higher than it should have been. The dealer was adding a warranty and insurance fee he had not disclosed to us. Because you can't calculate monthly payments with a normal calculator, some lenders will try to take advantage of you. Use our free calculators to make sure you're not scammed!

Car Loan Calculators

Car Loan Calculator
Car Loan Comparison Calculator
Car Lease Calculator

Affordability Calculators

New Car Calculator (How much can you afford)
Car Comparison Calculator
Car Loan vs. Home Equity Loan

Car Loan Calculator Tips

As with any other loan, make sure to pay attention to more than just your monthly payments. Your interest rate and term are equally important. Consider how financing (or not financing) your next car will affect your financial outlook as a whole. If you're not sure if you should finance your car, read our article on Car Financing to help make your decision. If you're sure you're going to get a loan, use both the Car Loan Comparison Calculator and the Car Comparison Calculator to determine the best car and loan combination for you. You should also consider using a home equity loan for your car if you have enough equity in your home, and you can use the Car Loan vs. Home Equity Loan Calculator to determine which will save your more money.

What You Should Know

Financing Your Car
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