This calculator assumes
a fixed rate loan. Please complete all fields to perform
the calculation. Please check with your bank before
making a decision on the basis of this calculator,
since your bank may use a different method of calculating
the interest and payment. Estimates may vary due to
additional dealer costs, taxes, or other regulatory
Trade-In Value of Current Vehicle
Downpayment on New Vehicle
Dealer Price of New Vehicle
Annual Interest Rate
Payment Term (in months)
Based on a 365 day year, simple interest loan.
Slight variations may occur due to loan structure or calendar year basis.