Figure out which approach works best for your finances.
While the interest rate on your car loan is important, the length of time you spend paying your can have an even bigger impact on monthly payments. For a typical car, truck or SUV, the difference between financing for 24 and 60 months can exceed $500 a month. However, you’ll pay more in interest charges over the years for longer term loans. This calculator helps you find a comfortable balance between monthly payment amounts and overall financing charges.
The calculators found on this page are for information purposes only. While the results of the calculators may be generally accurate, the results do not reflect any specific Credit Union accounts, loans or other products or services and may not exactly match the calculation methods used by the Credit Union (or any third party) for accounts, loans or other products or services. These calculators should be used only for general informational purposes and should not be relied on for any specific transaction.