Auto Loan Calculator – Determine Your Best Option

You probably have the perfect car, truck, SUV or van in mind – but can you afford it, how should you go about financing it, and what kind of loan do you need? We can help you find answers to these important questions through our loan department or with our auto loan calculator.

How much will my vehicle payments be?
What vehicle can I afford?
Which is better: a new or used vehicle?
Should I lease or purchase a vehicle?
Should I use a home equity loan instead of an auto loan?
Which vehicle loan is better?
What term of vehicle loan should I use?
How much should depreciation cost me?
Should I finance or pay cash for a vehicle?
Which is better: a rebate or special dealer financing?
How long should I keep a vehicle?

Car Cost Comparison Calculator

When buying a car most people fail to consider ALL of the expenses that will be generated by their purchase. And because nearly all car buying scenarios come with different variables (depreciation rates, interest rates, purchase prices, insurance costs, mpg ratings, etc.), it becomes extremely difficult to compare one buying scenario with another...until now that is. This calculator will not only help you to forecast the REAL COST of buying and owning a car, but it will also help you to more accurately compare the real cost of one car buying scenario with the real cost of a second car buying scenario.

Fill in all the blanks in the Scenario #1 column and then click on "Compute Purchase & Ownership Costs." This will automatically copy Scenario #1 values into the Scenario #2 column.

Car Cost Comparison Calculator	Car Buying Scenario #1	Car Buying Scenario #2
Enter the total price of the car, including options:
Enter the applicable sales-tax percentage:
Enter the annual cost of licensing this vehicle:
Enter the cost of the extended warranty, if applicable:
Will you be financing this vehicle? ("y" or "n"):
Enter the amount of your down-payment:
Enter the financing rate (Annual Percentage Rate):
Enter the number of months financed:
Enter annual insurance premium:
Enter the number of miles you expect to drive this car per year:
Enter the vehicle's estimated Miles Per Gallon rating:
Enter the local cost of one gallon of gasoline:
How many years old is the car?:
How many years do you expect to own this car?:
Enter an estimated monthly maintenance and repair cost:

Tax, License, and Extended Warranty Costs:
Depreciation Costs:
Finance Costs:
Insurance Costs:
Fuel Costs:
Maintenance & Repair Costs:
Total cost of buying and owning the car:
Annual cost to own and operate this vehicle:
Cost per mile:
Summary:

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(316) 721-3228

(800) 593-5826