Albion Auto Mart
Estimate Your Car Payment

This calculator estimates your monthly car payment. To use it:
  • In "Car Price," enter the total price of the car in dollars. 
  • In "Loan Terms" enter the term in months of your car loan
  • In "Interest Rate" enter the interest rate of the loan
  • In "Down Payment" enter the down payment you're making in dollars
  • Do not use dollar signs or commas.

  • Then press "Compute" and look for the estimated monthly payment you need to make to repay the loan.
Car
Price
Example:
12000
Loan Term
(# Months)
36 (3 yrs.)
48 (4 yrs.)
60 (5 yrs.)
Interest
Rate(%)
6.5
Down
Payment
2000
Monthly

Payment

This calculator was originally developed by DoD's Military Assistance Program