Auto Loan
Financial Calculators from
Dinkytown.net
Car financing:Press spacebar to hide inputs | Loan amount: $0 |
Down payment:Press spacebar to show inputs | $0 |
Principal Balances for KJE1 in financingpress spacebar to hide graph |
How does the term affect my payment?press spacebar to show graph |
How does the down payment affect my payment?press spacebar to show graph |
Definitions
Payment
Payment for the frequency of this loan.
Total purchase price (before tax)
This is the total cost of your auto purchase. Include the cost of the vehicle, additional options and destination charges. Don't include GST + PST or HST in this amount. This tax will be calculated for you and included in your total after-tax price.
Number of payments
Number of weeks, months, etc. for this loan.
Interest rate
Annual interest rate for this loan.
Payment frequency
Choose how often payments will be made. The options are weekly (52 payments per year), bi-weekly (26 payments per year), and monthly (12 payments per year).
Rebates and cash down
Total amount of cash and/or factory rebates used in this purchase. The larger your cash down payment the smaller the loan you will need to finance this purchase.
Trade allowance
The total amount that you are given for any automobile that you trade-in as part of this purchase.
Amount owed on trade
Total loan balance still outstanding on the trade-in.
GST + PST or HST (%)
Tax percentage rate charged on this purchase in your province. GST + PST or HST is calculated on the purchase price less trade-in.