Payment Calculator
Car Payment Calculator
It’s time to buy that car. Congratulations! Hopefully, you’ll have a ride that’ll take you through Stephenville and the rest of this country in style. Still, you might have some trepidations when it comes to all that finance talk. Thankfully, if you’re looking for a monthly loan payment calculator, you’ve got it right here on this page! The car loan payment calculator we’ve got will help you figure out your finance questions. If you’ve still got them after you use this car payment calculator with tax, contact us today and we’ll answer them all for you! Apply for financing today.
What To Enter
- Vehicle purchase price: Just put in the price you’re looking to buy your vehicle for! If you haven’t yet negotiated with the dealership, you’ll want to put the stated MSRP or the price listed on the site here. If you’ve negotiated, that’s the number you’ll want to put in.
- Loan term: There’s a push and pull relationship when it comes to this figure. If you take a longer loan term, you’ll pay less a month, but the total amount of interest you’ll pay over the life of the loan is larger. If you take a shorter term, it’ll mean higher monthly payments but less interest paid.
- Interest rate: You’ll want to negotiate this with the dealership or the bank when you’re applying for financing. We’d love to discuss your options when it comes to the interest rate. Be aware that higher credit scores mean lower interest rates, but if you’ve got bad credit, we’d love to help you out.
- Trade-in price: If you’ve got a trade, we’re paying top dollar! Trading in a vehicle is a great way to lower your monthly payment. It’ll come right off the top.
Find Your Price with our Bayer Motor Company Finance Calculator
Now that you’re more knowledgeable as a Brownwood or Granbury driver, we at our finance department would love to have a chat with you when it comes to financing that new or new-to-you car. We’d love to have you around!