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Car Loan Calculator

Things to Consider

Buying a car is a big decision. But most of the time, in order to get that perfect car, you will need to finance it by getting a car loan. That’s where Simply Cars comes in. Our team will work with you to find the perfect car and get you the best financing options available for you.

Payment Amount

Its important to keep your monthly payments within your budget so you can make sure you can pay your car loan every month.

Payment Frequency

Do you want to pay weekly, bi-weekly, or monthly.

Car Loan Duration

You can choose to pay your car in as quickly as 12 months or as long as 96 months. A smaller duration will give you higher monthly payments, a longer duration will give you smaller payments. Select a plan that fits your budget.

Factor in a Trade-in

If you have a trade in, you can use that money from the dealership as a down payment to buy your new vehicle. This will help lower your car loan payments.

Consider a Down Payment

You can always put a down payment on your vehicle. This will help lower your car loan.

Calculate Your Car Loan

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**Note: For exceeding 120 no. of payments, a group of 12 payments will be combined into a single payment number for better chart visibility.

Period Payment Interest Balance
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* This calculation is an estimate of what your payment can be based on the info you provided. This should not be relied upon as your actual payment.