Wondering if you should fix your current vehicle or buy a new one? Statistics show that the average vehicle on the road is about eight years old, is driven about 14,000 miles per year and costs an average of $780.00 per year in repairs. This means: $780.00/12 months = $65 per month it will cost to keep your paid off vehicle on the road. For a quick cost comparison with buying a new vehicle, just fill out the fields below. -Have FUN!
The results of this loan payment calculator are for comparison purposes only. They will be a close approximation of actual loan repayments if available at the terms entered, from a financial institution. This is being provided for you to plan your next loan application. To use, enter values for the Loan Amount, Number of Months for Loan, and the Interest Rate (e.g. 7.25), and click the Calculate button. Clicking the Reset button will clear entered values.
Non-numeric values will cause errors.
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