Car Loan Calculator - Monthly Payment
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Car Loan Calculator
Monthly Payment

This calculator provides monthly payment, taxes and total bank interest calculations for a new automotive loan / financing in year 2023. You can find how much you would spend buying a new car, truck, SUV or minivan with loan and financing comparatively to a cash purchase.

Enter Vehicle MSRP:
(Manufacturer's suggested retail price)
 Colour Surcharge:
Options Price:
 Freight & P.D.I.:
 Down Payment:
Enter Finance Interest:
(Example: 5.5)


years 1 2 3 4 5 6 7 8
months 12 24 36 48 60 72 84 96

Enter your combined local sales tax rate (US and other countries) or select your province (Canada):  
Combined Sales Tax (Example: 9.25):   %


  This car loan calculator provides:
- Taxes and monthly payment calculation for buying a new car in year 2023 with down payment
   and monthly loan financing plan
- Comparison of financing against cash purchase of vehicles: new cars, vans, SUVs, trucks, minivans
- Total auto purchase value including taxes, which usually equals to "cash value"
- Total auto purchase value Including loan finance Interest and taxes
- Percentage paid extra comparatively to "cash purchase" of your car

Please note that you have to know your local sales tax if you won't find your Canadian province in the drop-down menu. You also need to find MSRP price, colour surcharge, desired options value, car dealer's freight & P.D.I. value of your vehicle and a financing interest rate offered by the dealer or a bank. This calculator provided only for preliminary financial estimations of your loan only, we don't take any responsibility for the results.

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