Auto Loan Calculator

 

How to use the auto loan calculator:

Before you get started shopping for your vehicle in Florida, determine your budget, how much you can afford to pay each month, and how much you can offer as a down payment.

• Check our current auto rates and determine where your budgeted vehicle cost fits into the minimum financing amount, loan terms (length), and interest rates.
• Type your vehicle price, down payment, desired loan term, and interest rate into the auto loan calculator.
• Assess whether the final estimated payment fits into your monthly budget.
• If you have a vehicle to trade in, first estimate its current value using a resource such as Kelly Blue Book. Use this information in the advanced feature of the calculator to see how its value can lower your monthly payment.
• Also keep in mind auto insurance rates in Florida, which will be an addition to your monthly car payment.
• See auto loan options at Community First.