Auto Loan Calculator Help
Use this calculator to calculate loan details when the down payment is expressed as an amount.
Unlike a general loan calculator, this calculator allows for two unknown values. In addition to solving for the monthly payment amount, it will also calculate the "Price of the Car", the "Down Payment Amount" or the "Amount of the Loan". Just enter a "0" (zero) for one of the three values and provide the other two.
Note that the calculator calculates what percentage the down payment is of the price of the car. This is handy when a lender requires a borrower to provide a minimum percentage cash deposit.
The term (duration) of the loan is expressed as a number of months.
- 60 months = 5 years
- 120 months = 10 years
- 180 months = 15 years
- 240 months = 20 years
- 360 months = 30 years
If you need the ability to print the amortization schedule, or more flexibility such as selecting different payment or compounding frequencies or the ability to calculate term or interest rate, please see the auto loan calculator here: https://financial-calculators.com/auto-loan-calculator
The results produced by this loan calculator are for general informational purposes only and do not include, fees charges and costs which may vary from time to time.
ATL Automotive Ltd. cannot guarantee that a facility will be made available to you on terms matching the results produced by this loan calculator and disclaims any liability for any loss or damage consequent on any reliance on the results produced by this loan calculator. Our in-house Finance and Insurance specialists are available to discuss differing financial institution’s schedule of fees however please liaise with your Personal Banker for details of loan fees, terms and conditions.
At ATL Automotive, we recognise that buying a car is one of the most important investments that you might ever make.
That’s why we have dedicated Finance and Insurance personnel for each of our brands; to look after your best interests and ensure you’re getting the most favourable deal available.
Our expert team works closely with our preferred banking partners to secure you the best rate in the shortest possible timeframe.