The term of your car loan can make a big difference in the amount of your monthly payment. It can also have a significant impact on the amount of interest you'll pay over the course of the loan. You pay interest each month on the outstanding balance of the vehicle loan, so the longer the term of the loan, the more interest you'll pay until the loan is paid off.
Apply for an auto loanUse this calculator to compare car loan terms.
Change the numbers in each input field by entering a new number or adjusting the sliders. After entering your data into each input field, the calculator results will automatically update the summary statement and chart.
