Calculate your car loan payments, total interest, and see a detailed amortization schedule. Compare different loan terms and find the best auto financing option.
Your credit score, loan term, down payment amount, and the vehicle's age/mileage all affect your interest rate. Better credit scores typically get lower rates.
A larger down payment reduces your loan amount, monthly payments, and total interest paid. It also improves your loan-to-value ratio, potentially securing better rates.
The interest rate is the cost of borrowing, while APR (Annual Percentage Rate) includes additional fees and costs, giving you the true cost of the loan.
Most car loans allow early payoff without penalties. Paying extra toward principal reduces the total interest you'll pay over the life of the loan.