Compare Monthly Payment By Term Calculator
Compare monthly payments over different auto loan terms.
Understand How Loan Term Impacts Your Payments
Loan term makes a big difference in what you pay each month—and overall interest can add up fast. With longer terms, monthly payments are lower, but total interest paid climbs.
Our Compare Monthly Payment by Term Calculator lets you experiment with different loan lengths for your vehicle loan. Just enter the loan amount, interest rate, and two different repayment terms. You’ll instantly see how payments and interest change between a shorter vs. longer term. Use this tool to pick a term that fits your budget and minimize long-term costs.