Car Calculator with Trade-In

Calculate your car trade-in value and new car loan with the trade-in amount applied.

Price of New Car ($) Trade-In Value ($) Down Payment ($) Loan Term (months) Interest Rate (%) Monthly Payment ($) Total Loan Amount ($)

function calculateCarLoan() { const carPrice = parseFloat(document.getElementById(“carPrice”).value); const tradeInValue = parseFloat(document.getElementById(“tradeInValue”).value); const downPayment = parseFloat(document.getElementById(“downPayment”).value); const loanTerm = parseInt(document.getElementById(“loanTerm”).value); const interestRate = parseFloat(document.getElementById(“interestRate”).value) / 100; if (isNaN(carPrice) || isNaN(tradeInValue) || isNaN(downPayment) || isNaN(loanTerm) || isNaN(interestRate) || carPrice <= 0 || loanTerm el.value = “”); }

This car loan calculator helps you determine the monthly payment and total loan amount based on your car’s price, trade-in value, down payment, loan term, and interest rate.

How It Works

The calculator computes the monthly payment by factoring in the price of the new car, the value of your trade-in, your down payment, the loan term, and the interest rate.

Why Use This Calculator

Use this tool to determine your affordability and manage your car purchase budget more effectively by considering trade-in values.

Additional Information

It’s crucial to know how much your trade-in is worth when budgeting for a new car. It can help lower the loan amount and reduce monthly payments.

Car Calculator with Trade in

Car Calculator with Trade-In