Auto Loan Calculator

APR - Annual Percentage Rate

Down - The down payment

Trade-In - The trade in value of your current vehicle

Monthly Payments - The payment you would need to make every month to afford a vehicle at the "purchasing power" price

Purchasing Power - With the given auto loan terms and monthly payments, this is how much you can afford to spend on a car or truck

How the Auto Loan Payment Calculator Works

Knowing how much vehicle you can afford will make shopping much easier. DriveChicago.com's payment calculator is one of the most powerful in the business. Follow the simple steps, and you're searching for cars for sale in your price range in no time.

Step 1

Enter Auto Loan Details in the left column

Step 2

To calculate purchasing power, enter desired monthly payments

To calculate monthly payments, enter value of desired purchase

Calculate Payments

Monthly Payments

Purchasing Power

Loan Details

Payments

Search for vehicles in this price range