Car Loan Calculator

This 5-step calculator will tell you:

• What payments fit your budget

• What interest rate you can expect

• How much you can borrow

• How much car you can afford

Let's get started!

Just want to know how much you can borrow? Just enter your car loan payment and annual interest rate below. Then click "calculate". Try as many combinations as you’d like! The car loan calculator will tell you what the cost of financing a car will be.

When you’re done, submit the easy SmartCarCredit car loan application form. We’ll match your auto loan needs with our lenders and dealers. You’ll save time and money!

Remember that this simple car finance calculator does not replace the need for a more thorough car loan budget. Use the simple budget below as a guideline and remember that, as a general rule, your monthly car loan payment should be no more that 15% of your gross monthly income. With our car loan calculator, you can calculate a reasonable loan for yourself. Use the car loan calculator only as a guide to choose the right car loan for you.

Monthly Income After Taxes
	Wages, Salary, etc	$2,500
	Other Income	$0
	Total Monthly Income	$2,500
Monthly Expense
	Home Loan / Rent	$500
	Student / Educational Loans	$150
	Credit Card Payments	$150
	Food	$500
	Entertainment	$400
	Alimony, Child Support, etc	$0
	Other	$100
	Total Monthly Expense	$1,800
	Maximum available for car expense	$700
Estimated Car Expense
	Car Insurance	$160
	Car Maintenance	$100
	Gas	$120
	Total Car Expense	$380
	Maximum Available Car Payment	$320
	Percent of total income	13%

Our car finance calculator will help you find the amount you will need to finance and how much your payments will be. Make sure to print your car payment calculation and bring it with you to the dealership. When you're done, submit the easy Smart Car Credit car loan application form. We'll match your needs with the products and services of our lender and dealer clients. They'll contact you with auto loan quotes tailored to your needs. Compare these offers choosing the one that's right for you. You'll save time and money!

Disclosure: We developed the content for SmartCarCredit™ while working with automotive industry clients. We hope you find it helpful in making informed decisions. While we believe the information to be accurate, we do not guarantee its accuracy.