Free resources for calculating loan payments and auto financing options. To use the simple loan calculator below, simply change the values in the fields below and the calculator automatically computes estimated auto loan payments.
Free Auto Loan Calculators
Of course, this is a simple loan calculation and factors such as down payments, auto trade-in values and credit scores impact the loan payments, loan approval process and applicable interest rates. In addition, prospective car shoppers also should consider and evaluate the differences between auto loan financing and auto leasing options, among other financing situations.
For more advanced calculations, choose any of the following free auto loan calculators below when shopping for your new (or used) car.
- Bankrate Auto Loan Calculator
Bankrate offers an easy-to-use loan calculator which also includes the ability to include extra payments, factor a loan starting data and view the payment amortization schedule.
- Cars.com offers 4 different auto financing related calculators:
- Edmunds.com Auto Calculator
Edmunds offers a similar auto loan calculator as Bankrate, which also includes a direct link for calculating trade-in value.
- AOL Money offers a series of autom finance related calculators for users to choose from. In addition to standard financing calculations (payments, affordability etc), AOL also provides calculators for unique scenarios and options in automotive financing.
- Driver's Lane Car Loan Estimator
Driver's Lane has a unique calculator which factors possible credit history into the loan amount approval and interest rate process.
- Car Loan Calculator for Excel
Prefer calculating and organizing payments on your own computer? Vertex 42's free loan calculator is a downloadable worksheet you can use with Microsoft Excel for calculating auto loan payments.
- Yahoo Financial Calculators
In addition to auto loan calculators, Yahoo Finance has a wide range of calculators for all of your finance-related needs and situations.
Have a free auto loan calculator you would like to tell us about? Contact us to let us know.