Car Finance Calculator at DeYarman Automotive Group
If you have your eye on a new or pre-owned vehicle in Knoxville, it’s important to get an idea of how much the monthly payments will be so you stay within your budget. Fortunately, it’s a quick and easy process with our car finance calculator at DeYarman Automotive Group! Learn how to use our car payment payoff calculator below!
Using the Car Payment Payoff Calculator
To get a monthly payment that is suitable for your unique needs and budget, there are a few different categories you will need to fill out with our car payment calculator. These include:
Vehicle Price: Enter the price of the car, truck, or SUV you want. If you don’t have a specific vehicle in mind yet, just enter a price within your budget.
Interest Rate: Apply for financing online to see what financing rates you qualify for based on your credit history. Enter that value here.
Loan Term: This is how many months you will be paying your loan back.
Down Payment: This is the initial payment that you put down on your vehicle. Keep in mind that the more cash you put down upfront, the lower your loan amount will be.
Trade-In Value: Determine how much your current vehicle is worth if you plan to trade in. This will be removed from the price of your new vehicle.
After entering all of this information into the car finance calculator, press “calculate payments” to see your estimated monthly payment. And that’s it! Once you find a monthly payment that you’re comfortable with, contact our finance department to discuss the next steps. Our expert will be happy to answer any questions you may have.
Questions About Our Car Payment Calculator?
DeYarman Automotive Group is here to ensure your car-buying experience is nothing short of exceptional. Contact us today if you have any questions about our car payment payoff calculator or a different topic. Feel free to check out our car buying tips in the meantime!