Car Loan Comparisons

Use this calculator to compare various auto loan options. You may not have much control over your interest rate but you will have control over the term, or number of months you have your loan. Try entering different terms below and notice how they affect both your monthly payment and your total interest and total payments. A shorter term means you'll make higher monthly payments, but you'll also pay your car off sooner. With a longer term your monthly payments will be lower, but you'll end up paying the bank more in interest. If you're still not sure if you should get a loan for your car, our article on Car Financing may help.

Car Loan Comparison Calculator

Find out which car loan is best for you with our free Car Loan Comparison Calculator. You can enter up to five different term and interest rate variations for comparison.

Enter the amount to finance($):
# of Months:
Interest Rate %:
Monthly payment:
Total principal:
Total interest:
Total payments:

What You Should Know