Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail
Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail

Car Payment Calculator with Trade In

What will my monthly car payment be after I trade in my old vehicle?

Before buying a new car and trading in your old vehicle, check out our car payment calculator with trade in below. It will calculate your monthly loan payment and display your payment schedule. Your monthly payment will vary based on the cost of your new vehicle, the value of your trade in, the interest rate on your loan, and the length of your loan (also called the "loan term").

For example, we've pre-filled the calculator below assuming your new car has a purchase price of $30,000, you plan to make a $5,000 down payment, your old vehicle has a trade in value of $10,000, and you plan to finance the purchase for a term of 5 years at 6% interest. Adjust the data below to calculate your monthly payment based on the details of your new car purchase and your trade in value...

Trading in your old vehicle and wanting to know how much your new car will cost each month? This calculator will determine your new monthly payment and provide you with a full repayment schedule.

New Car Purchase Price:
Down Payment:
Trade In Value of Your Old Vehicle:
Loan Term (years):
Annual Interest Rate (%):
 
= New Loan Amount

 

 
= Monthly Payment

 

 

Car Payment Calculator with Trade In -- Inside the Numbers

If you buy a car for  , make a   down payment, and you get   when you trade in your old vehicle, then you'll end up with a car loan of  . Based on a   loan at   interest for   years, your monthly payment will be  .

Your monthly payments will remain the same throughout the term of your loan. However, the amount applied to principal and interest will change each month, as shown in the schedule below...

See your full car loan amortization schedule

 
 
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