Auto Loan Calculator

Shopping for an auto loan may not be as exciting as shopping for a car, but if you calculate car payments before you visit the dealership, you may end up saving money. Use our auto loan calculator to estimate monthly car payments and find the lowest rates available. Then you can shop for the vehicle that fits your budget and negotiate the best deal.

Already have an auto loan? Refinancing your auto loan could save you money. Check out Bankrate’s Current Car Loan Interest Rates for the most up-to-date average APRs.

You should consider several factors when deciding when the right time to buy a car is. In general, you'll get a better deal if you buy a car on a weekday versus the weekend.

It's the most wonderful time of the year -- to buy a car, at least. Here are some of the best tips auto insiders give their family and friends.

Looking to refinance an existing auto loan? Bankrate.com can help you lower your interest rate or monthly payment with 36, 48 or 60 month auto loan refinancing options.

Bankrate.com provides a FREE lease or buy a car calculator and other auto calculators to help consumers decide between a car lease or an auto purchase.

 

Auto Tips

Never cosign for an auto loan. Yes, they may need your help. Yes, they may be a great friend or your own flesh and blood. But it's never a good idea - especially if you aren't planning on having to pay off the entire loan when the person who signs for it defaults.

Before going to the car lot, try lining up your financing at a local credit union first. Credit unions often offer better rates than banks and financing companies at car dealerships. Once your financing is lined up, you'll know how much you can spend on a car.

Don't buy a car you can't afford. Too often car shoppers think about the final number they are willing to pay and don't factor in taxes, title fees and other expenses. These extras often add up to more than a buyer can comfortably pay.