O guia abaixo ainda não está disponível em português e é apresentado em inglês. A calculadora está totalmente traduzida.
Como usar esta calculadora
- Enter the negotiated vehicle price, your cash down payment and any trade-in value.
- If you still owe money on the trade-in, enter that amount. Negative equity is added to the new loan.
- Enter your local sales tax rate and title and registration fees, and choose whether to pay them upfront or finance them.
- Choose the interest rate and loan term to see the monthly payment and total cost.
Fórmula
The loan amount is the price minus the down payment and net trade-in equity, plus tax and fees if financed. The payment then uses the standard amortization formula.
Taxable amount = price − trade-in value
Loan = price − down payment − (trade-in − amount owed) [+ tax + fees]
Payment = Loan × r / (1 − (1 + r)^−n)
Example
- $35,000 car, $5,000 down, 7% sales tax ($2,450) and $600 fees, all financed.
- Loan = 35,000 − 5,000 + 2,450 + 600 = $33,050.
- At 6.9% for 60 months the payment is about $652.88 per month.
Perguntas frequentes
Is sales tax calculated before or after the trade-in?
Most US states charge sales tax on the price minus the trade-in value, which this calculator assumes. A few states (for example California, Hawaii, Michigan and Virginia, with limits in some cases) tax the full price. Check your state's rules.
Should I choose a longer loan term?
Longer terms lower the monthly payment but increase total interest, and you may owe more than the car is worth for longer. Compare 48, 60 and 72 months to see the difference.
What is negative equity?
If you owe more on your trade-in than it is worth, the difference is negative equity. Dealers usually roll it into the new loan, which increases the amount you finance.