Try the Auto Finance Calculator at Opelika Ford Chrysler Dodge Jeep Ram
At Opelika Ford Chrysler Dodge Jeep Ram, we understand the importance of sticking to your budget when shopping for a new car near Columbus, GA. That is why we have provided a handy finance calculator to help you estimate the monthly payments on the vehicle of your choice. Our car finance payment calculator is easy to use and can help you determine if your preferred vehicle will fit comfortably into your budget. See how it works below.
How to Use Our Car Finance Payment Calculator
When you use our finance calculator, you are able to customize your payments based on a number of factors.
Vehicle Price: If you know the price of the vehicle you desire or already have a set budget in mind, you can enter that amount into the finance calculator.
Interest Rate: Your interest rate will vary based on your credit score. Apply for financing online, and input the interest rate into the calculator.
Loan Term: Choose a loan term that works best for you. A longer term loan has more affordable monthly payments, but you end up paying more in interest over time. A shorter term loan has higher monthly payments, however the trade off is that you will end up spending less in interest payments.
Down Payment: Your down payment amount will be subtracted from the vehicle total to reduce the amount you have to borrow.
Trade-In Value: Are you planning to trade in your current vehicle? If so, you can use our trade-in tool to see how much your vehicle is worth. That number can be added into the finance calculator for a more accurate estimate.
Once you have entered all of the applicable information, all you have to do is click “calculate payments.” You are free to further customize these categories until you find a monthly payment that is right for you.
Plan Your Budget Today
If you are ready to start your car shopping journey, we invite you to use our auto finance calculator to set your budget. Once you have a budget in mind, peruse our extensive inventory to find a vehicle that checks all of the boxes on your wishlist. Contact us today for more information about the vehicle of your choice or your finance options.