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This calculator assumes a fixed rate loan. Please complete all fields to perform the calculation. Please check with your bank before making a decision on the basis of this calculator, since your bank may use a different method of calculating the interest and payment. Estimates may vary due to additional dealer costs, taxes, or other regulatory fees.
Trade-In Value of Current Vehicle $
Downpayment on New Vehicle $
Dealer Price of New Vehicle $
Annual Interest Rate %
Payment Term (in months)
Based on a 365 day year, simple interest loan. Slight variations may occur due to loan structure or calendar year basis.
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