What is a payment calculator?

It’s a tool to help you better understand your financing options, whether you’re purchasing a new vehicle or boat or refinancing your current one. A payment calculator will crunch the numbers for you, based on a hypothetical term and annual percentage rate (APR). The results will show your approximate monthly payment and help you decide whether you can afford that car, truck, RV or boat you’ve had your eye on.

Payment calculators for purchase and refinance

Follow the appropriate link for the type of vehicle and financing you’re interested in. Just fill in the requested information to get an idea of what your monthly payment might look like.

If you’re just getting started with vehicle financing, try the simple payment calculator in the section below to estimate the terms that may be available to you.

Simple payment calculator

If you’re just beginning to explore auto financing, this calculator may be for you. The terms of an auto loan depend on many factors, including your creditworthiness, the length of the term and the amount you’re financing. Experiment with different realistic values in the simple calculator below to get an idea what terms might be available to you.1

If you already know more about what you want to do, try one of the more specific auto loan calculators listed in the previous section.

Learn about vehicle loans and vehicle financing.

How does financing a car work?

How to refinance a car loan

About the auto loan approval process

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