Auto Finance Loan Calculator

There are several online Auto Finance Loan Calculator that enables you to compute the monthly charges needed in making auto loan payments.

In using the auto finance loan calculator to compute the loan amount you are required to provide the purchase price or selling price of the car before tax. 

The net price is multiplied to the sales tax rate in order to get the sales tax. 

Then add sales tax and fees to the gross purchase price to get the total price of the car.

Then deduct the amount you paid as down payment.  Also deduct the net trade-in amount.

Different auto finance loan calculators may arrive at different amount if you use them 

But they more or less give you an idea on the range of auto loan payments you are expected to make. 

In using the auto finance loan calculator you will often come across the following terms