Auto Loan Calculator
New Car Loan Calculator
New Car Loan Financing
Our New Car Loan Calculator helps you estimate monthly payments for financing a new vehicle. New cars typically offer lower interest rates, longer loan terms, and manufacturer incentives that can make financing more affordable.
Advantages of New Car Loans
- Lower interest rates compared to used car loans
- Longer loan terms available (up to 84 months)
- Manufacturer incentives and rebates
- Comprehensive warranty coverage
- Latest safety and technology features
- Predictable maintenance costs
New Car Loan Considerations
Important Factors
Depreciation
- New cars depreciate 20-30% in first year
- Consider gap insurance protection
- Factor depreciation into loan terms
Manufacturer Incentives
- 0% APR financing offers
- Cash rebates and discounts
- Loyalty and conquest programs
Tips for New Car Financing
- Research manufacturer incentives before shopping
- Get pre-approved for financing
- Negotiate the car price before discussing financing
- Consider shorter loan terms to avoid being upside down
- Factor in insurance and maintenance costs
- Compare dealer financing with bank/credit union rates
Important Disclaimers
Disclaimer: This calculator provides estimates for educational purposes only. Actual new car loan terms, rates, and payments may vary based on your credit score, income, vehicle choice, and lender requirements.
Manufacturer incentives and rates are subject to change. Always consult with qualified lenders and dealers for current offers and terms.