Wednesday May 16th, 2012
Home > Financial Calculators

Low Interest Financing Savings Calculator

How much interest can you save by increasing your auto loan payment? This financial calculator helps you find out. View the report to see a complete amortization payment schedule, and how much you can save on your auto loan!

Low Interest Financing Savings

MSG_TITLE

**GRAPH**

SAVINGS_MESSAGE_TOTAL This is SAVINGS_PER_MONTH per month. This assumes that you finance BALANCE_AFTER_CASHDOWN at an interest rate of BEST_RATE vs. an interest rate of WORST_RATE.

MSG_TITLE
  Option 1 Option 2 Option 3
Interest rate (APR) INTEREST_RATE_APR1 INTEREST_RATE_APR2 INTEREST_RATE_APR3
Payment PAYMENT1 PAYMENT2 PAYMENT3
MSG_LEGENDTOTAL_PAID1TOTAL_PAID2TOTAL_PAID3

Input Summary

RESIDUAL_FOR_LEASE
Input Summary
Balance to finance BALANCE_TO_FINANCE
Down payment (cash+trade-in) DOWN_PAYMENT
Balance to finance after down payment BALANCE_AFTER_CASHDOWN
Term in months TERM_IN_MONTHS





">

This Financial Calculator requires SUN's JavaT Plug-in. If you see this message you will need to download SUN's JavaT Plug-in. This can be done automatically by clicking the yellow bar at the top of your browser and choosing "Install ActiveX Control".

    You can also get SUN's JavaT Plug-in here: Get the JavaT Plug-in!

Definitions

Balance to finance
Total amount you wish to finance with a loan. This is the total balance after taking into account taxes or fees. This doesn't include your down payment or trade-in amounts. These amounts should be entered in the down payment field.

Net leased amount
Total amount you wish to have leased. This is the balance after taking into account any fees or taxes. This doesn't include your down payment or trade-in amounts. These amounts should be entered in the down payment field.

Interest rate (APR)
The Annual Percentage Rate charged for this loan or lease.

Down payment (cash+trade-in)
This is the total cash down payment for this purchase or lease. If you are applying a trade-in amount to your financing, include it here.

Term in months
The total number of months you wish to finance your automobile. The minimum term is 12 months, the maximum term is 120 months.

Residual percentage
For leases, this is remaining value of your vehicle after the lease term expires. The higher this amount, the lower your lease payment will be.