Used Car Loan Calculator

So, you’re thinking about buying a used car? Our car loan calculator will help you determine what you can afford before going to a dealership. Keep in mind the maximum interest rate for a car loan varies by state and is also referred to as the state usury rate. Buy here pay here car dealers typically charge the maximum interest rate allowed by their state. Please check with your local laws regarding state usury rates.

If informed car buying is your objective, it’s important to research everything from financing options to trade-in values. We built this used car loan calculator so you can calculate your car loan payment from the privacy of your home.

Determine What Your Payments Could Be

Analyze what your monthly payments could look like. Input different data to get a variety of scenarios and determine what payment is right for you according to your personal situation.

Stay On Budget as You Rebuild Credit

At CarLotLoans we partner with a number of dealers that not only provide in-house financing, they also report your payments to one or more credit bureaus. This means that you can reestablish your credit as you make timely payments on your auto loan. See how much car you can afford with our used car loan calculator, and then apply with our easy to use, secure online application.

 

Calculate Monthly Payments


  • Enter Loan Amount:$
  • Interest Rate: %
  • Term: 24 36 48 60 72
  • Loan Amounts:

 

Calculate Car Loan Amounts


  • Enter Payment Amount:$
  • Interest Rate: %
  • Term: 24 36 48 60 72
  • Loan Amounts:

 

Calculate Car Loan Term


  • Enter Loan Amount:$
  • Payment:$
  • Interest Rate: %
  • Term: mos.