Save money next time you buy a car!
This app calculates elements of a car loan based on user need using 5 factors: Total cost of car, down payment/trade, APR, number of months in the loan, and the monthly payment. Choose which one to calculate and change any of the others.
For example, calculate how much you can spend on a car given your available down payment and monthly budget, or find out what the difference in monthly payments would be if you increased the down payment or shopped for a better APR.
Slide the screen over for a 'behind the scenes' view of the loan that shows how much the loan is actually costing you including the interest paid over the term of the loan. Changing a few elements can show you how to save hundreds of dollars on your new car.