Auto Loan Vs. Rebate Calculator
Fill in only the areas above the line, then press "Calculate." Your information will appear below.
The amount I need to borrow is:
The Dealer's cash rebate:
Teaser Financing Available From Dealership
The advertised annual percentage rate:
%
Term of teaser loan:
months
Standard Financing Available From Us
Our annual percentage rate
%
Term of our loan
months
With a purchase price of
, and an annual interest rate of
%, a
month loan will result in a dealer payment of about
per month. The total amount paid after interest will be
. Some members may want to take advantage of features like life and disability insurance, warranties or GAP waivers. If you finance any of these features through the dealership, you will probably end up paying a lot more than you would at a credit union thereby increasing the total finance charges of the Dealer's package.
Applying the dealer cash rebate of
to the purchase price reduces our loan amount to
With our annual interest rate of
% our
month loan will have a payment of about
per month. The total amount paid after interest will be
.
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