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Car Payment Tools & Auto Loan Calculator

Get Started With An Auto Loan Calculator

Sometimes we need the help of an auto loan calculator to see if your next car loan will work with your personal needs. Are you considering your next car, but you are not sure what the monthly payment will look like or how much you can afford? Certainly, the best way to estimate what your monthly payment might be is to check your credit and then use a car payment calculator. However, you won’t know exactly what rate and loan amount you qualify for until you apply for a car loan.

Monthly Payment

Cost of car
$
Rate (APR)
%
Term (Months)
24
96
Apply Now

This calculation represents an estimate

These car payments calculators will help you visualize how changes to your interest rate, down payment, trade-in value, and vehicle price affect your loan. Take some time to experiment with different values to find an auto loan setup that works best for your lifestyle and that does not break your budget.

Additionally, information from our car payment calculators is for example purposes. Our interactive calculators are educational tools. We cannot and do not guarantee their accuracy in regard to your individual circumstances. While a calculator can be a useful tool, all examples are hypothetical and are for educational purposes. We encourage you to meet with a Pearl Hawaii Federal Credit Union loan officer for accurate car payment information. Contact our loan staff at 808.737.4328 or email our loan team to get started.

While considering this, sometimes your monthly car payment may be more important than the total cost of the car. With our car payment calculators, you can quickly determine how much you will owe and what you can afford. A car payment has to fit in your monthly budget and your lifestyle’s needs.

Get Pre-Approved for an Auto Loan

COST OF CAR

Input the price you think you’ll pay for the car. To estimate a new car’s price, start with the vehicle’s sticker price (also called the MSRP or manufacturer’s recommended retail price). Remember to include any additional items you may purchase. For example, extended warranty, tinting, or upgrades.

For used cars, estimating the sale price is a bit trickier. You can start with the seller’s asking price, but you may be able to negotiate that lower. To get an idea of a fair price, use Autosmart to search an extensive database and compare trims, photos, and reviews for every make and model, so you can find the car that fits your life.

RATE

There are several ways to determine an interest rate to enter. If you get prequalified or preapproved for a loan, simply enter the rate you are offered. Otherwise, you can use the current advertised rates.

TERM

Term is the number of months that you will borrow the money for. Enter the loan term, or the length of time you have to pay off the loan. Car loans are usually in 12-month increments. Pearl Hawaii offers terms for 24, 36, 48, 60, 72 84, or 96 months for new vehicles and up to 84 months for used vehicles.

ALSO CONSIDER…

Down payment

Remember to calculate the total amount of cash you plan to put toward the car. Not everyone makes a down payment, but putting any amount down will help lower what you finance and the total cost of the loan.

Trade-in value

Also calculate the trade-in value of your existing vehicle. You can use Autosmart for appraisals and pricing help.

Amount owed on trade-in

If you’re still paying on a loan for the vehicle you plan to trade in, remember to include this in the calculation. The payoff amount can be provided by your lender.

 

Get Help With Calculating Your Next Car Loan: Auto Loan Payment Calculators

AFFORDABILITY CALCULATOR FOR AUTO LOANS

AUTO REFINANCE CALCULATOR – TERM

PAYOFF CALCULATOR WITH EXTRA CAR PAYMENTS- AUTO LOANS

AUTO REFINANCE CALCULATOR – MONTHLY CAR PAYMENTS

LOAN RATE VS. CASH BACK AUTO FINANCING CALCULATOR

WHAT CAN I AFFORD?: TERM, DOWN PAYMENT, CAR PAYMENT

WHAT’S MY MONTHLY CAR PAYMENT? 

OTHER TOOLS

RESEARCH A VEHICLE

APPLY FOR A LOAN

FREE CREDIT REPORT

FEDERAL TRADE COMMISSION: ABOUT FREE CREDIT REPORTS

 

How do I buy a car? Where do I start?

Using our car payment tools and auto loan calculator to calculate your monthly payment before going to the dealership can boost your negotiating power and help you choose the best loan for your budget. Overall, auto loan and car payment calculators are useful tools to assist you with educating yourself before visiting us or walking into a dealership. While you cannot calculate your exact monthly car payment, you can gain a good estimate and help you compare auto loan offers with confidence. First, we suggest getting pre-approved so you know your shopping power. Contact our loan staff at 808.737.4328 or email our loan team if you have questions or need assistance. You can also apply now to get started and a loan officer will contact you shortly.

Useful Terms To Use the Car Calculators

Trade-in and down payment: Enter the total amount of cash you will put towards the new car. If you have a trade-in vehicle, include the cost. Make sure to research how much your trade-in is worth.

Interest rate: You can enter the rate you’ve prequalified for or estimate your rate.

Number of months: Enter the loan term or how long you plan to take to pay off the loan.

In addition to looking at the monthly car payment result, adjust your down payment amount, the interest rate, or loan term and see how the numbers change. Overall, see how the amounts impact your car payment and total loan costs so you can compare.

Overall…  

Typically, car loans commonly range from two to six years. Pearl Hawaii does offer up to eight-year terms on certain vehicles. Overall, when you choose a longer-term, you will be paying more interest. When you meet with a Pearl Hawaii loan officer, you will be able to see how much interest you will pay during the life of the loan and compare different Pearl Hawaii’s different auto loan products to see what will better fit your personal situation.

 

NEED HELP WITH YOUR NEXT CAR? 

We can help you buy whatever auto you’re after no matter your needs or budget with a Pearl Hawaii Vehicle Loan. Also, we have pre-approval options so you’ll be ready at the dealership with funding. Afterward, get your perfect vehicle and affordable car payments. You find the new or used auto of your choice, and we’ll provide the financing. From trucks, cars, and motorcycles, if you need to refinance a high interest loan, buyout your lease, or need a cash back auto loan  – we can help.

If you need to borrow money, we can help you. If you’re still not sure whether a loan is a right option for you, call us at 808.73.PHFCU (737.4328) or visit one of our locations on Oahu (Waipio, Waianae, Ewa Beach, Honolulu,  Airport,  and Pearl Harbor). Our team is ready to look at your financial situation and recommend the best option for you. You can also apply online to get started…

 

VEHICLE LOANS | TIPS

It helps to understand how a car loan is calculated and how car payments work. Before you head to the dealership, please take a moment to decide what monthly car payment you can afford. First, you need to consider your budget. Most importantly, look at your situation and be realistic and honest. Car payments and the auto loan you receive should be affordable and doable.

VEHICLE LOANS | PRODUCTS

VEHICLE LOANS | RESOURCES 

 

 

Upgrade you.

Building trust, nurturing dreams, inspiring hope. From home or car loans to Hawaii’s most innovative banking services, Pearl Hawaii is committed to you. Bank at any of our Oahu locations in Waipahu, Ewa Beach, Waianae, Honolulu, Pearl Harbor, or near the Airport. Additionally, you can bank using PHFCUOnline just like one of our branches. To contact us, call us at 808.737.4328, toll-free at 800.987.5583, or email us at MyFamily@phfcu.com.

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