Articles: Auto Loan Calculators

Our free online auto loan calculators generally fall into one of three types of tools: calculators that look at the loan or lending process, those that help you make a decision between buying a new, used or leased car, and those that take a quick look at specialty type loans available to the new car market.

Simple Auto Loan Calculator

You can use this simple auto loan calculator to figure out your monthly payments on a new or used car.  In addition to your monthly payment, the calculator figures out the net amount you are financing, your total payments, and the total interest paid on the car loan.

Car Loan Comparison Calculator

You can use this car loan comparison calculator to figure out your monthly payments for 2, 3, 4, and 5 year automobile loans.  The calculator allows you to input a variety of interest rates for each loan term.  The results include your monthly car loan payment, total payments, and the total interest paid on each loan.

Auto or Home Equity Loan Calculator

You can use this automobile or home equity loan calculator to compare the monthly and total cost for these two types of loans.  The calculator provides the monthly payments for each option, the total cost of each loan, and overall savings, if any.

Auto Loan Qualifier

You can use this auto loan qualifier to figure out how much you can afford to pay for a new or used car.  The calculator allows you to enter a desired monthly payment amount, and allowances for trade-ins or down payments.  This information is then used to figure out the price you may be able to pay for a new car.

Buying a New or Used Car Calculator

You can use this calculator to help you compare the costs of buying a new car versus a used car.  The calculator takes into consideration factors such as the depreciation in value of each car, maintenance costs, as well as how long you want to own the car.  Using that information, it determines the monthly cost of ownership for buying a new versus a used car.

Car Lease Calculator

You can use this car lease calculator to figure out your monthly lease payment for lease terms of 24, 36, and 48 months.  The calculator provides the user with a variety of information, including sales taxes due on signing, total of all payments, and the total monthly lease payment.

Buy or Lease a Car Calculator

You can use this calculator to help you compare the cost of buying a new car versus leasing a car.  The calculator takes into consideration factors such as the depreciation in value of each car, the capitalized cost reduction or down payments, and how long you want to own the car.  Using this type of information, the calculator determines the monthly and total cost of ownership (TCO) for buying versus leasing a car.

Car Depreciation Calculator

You can use this car depreciation calculator to estimate the first year and total depreciation on a car you're thinking about buying or already own.  The calculator uses an accelerated rate of depreciation for cars that are brand new and provides the user with a range of possible depreciation rates:  from low to high.  This calculator provides depreciation based on expected market values, it is not intended for use as a tax depreciation calculator.

Zero Interest Car Loan Calculator

You can use this low interest or zero percent car loan calculator to figure out your monthly savings if you were to be offered this type of financing option on a new automobile.  The calculator allows you to compare your monthly payment savings and total savings over the life of the car loan.

Biweekly Car Loan Calculator

Lenders know the value of creating payment options to suit an individual's needs, and that means lenders today will even write biweekly loans for cars.  But just how much money can you really save with a biweekly car loan?  Our biweekly car loan calculator will show you exactly what you can expect in terms of real savings.

Hybrid Car Calculator

This calculator allows you to compare the cost of buying a hybrid vehicle to that of a car with a standard combustion engine.  The calculation considers the initial purchase price of each car, government incentives, financing terms, the miles per gallon (MPG) for each vehicle, the number of miles driven each year, as well as the cost of gasoline.  Using this information, along with the anticipated depreciated value of each vehicle, the calculator computes the differential cost of buying a hybrid.

Gas Mileage Calculator

You can use this gas mileage calculator to figure out how much you'll spend on fuel when driving your car.  To use this calculator, you'll need to know your odometer readings, fuel consumed, and the price of fuel.  The calculator provides you with the fuel mileage achieved (MPG), fuel cost per mile, as well as the fuel cost per month and year.