Payment Calculator
Car Payment Calculator
Using our car payment calculator can help you choose a new or used vehicle from our inventory that aligns with your budget. All it takes is a few minutes of your time and some basic information to estimate and compare the monthly payments for different models! So, if you’re trying to determine which trim level is best for your budget, or you’ve narrowed down your search to a couple of used models, this handy calculator does your homework for you. Get started above, or read below if you’re wondering, “How do I calculate my payments?”
How Do I Calculate My Payments?
It’s easy to fall in love with one of the new Chevrolet or used vehicles at Spitzer Chevrolet Northfield. We strive to offer a large inventory with something for all of our Macedonia and Brecksvile customers to love. That said, once you start shopping, it’s easy to get ahead of yourself without understanding your buying power. Our car payment calculator will help you stay on track and choose a vehicle that aligns with your carefully planned budget.
Learn how easy it is to calculate your payments from the comfort of your home in Maple Heights:
- Vehicle Price: Enter the list price for the new or used model you’ve found in our inventory.
- Interest Rate: Enter the interest rate you’re qualified for. If you’re not sure, you can submit a secure online finance application to get pre-approved and learn your rate all at once! Applying for pre-approval will not affect your credit score.
- Loan Term: This represents the length of the loan, or how many months you would like to take to pay off your loan. Tip: a shorter loan term will have higher monthly payments with less interest paid, while a longer loan term will have lower monthly payments with more interest paid.
- Down Payment: Enter your planned down payment amount. The larger the down payment the better, because it will lower your overall loan balance.
- Trade-In Value: Do you have a vehicle you want to trade? Use our trade-in calculator to learn how much it’s worth and enter the amount here.
Click the “calculate my payments” button to see your monthly payment! The estimate will reflect the amount to be financed after subtracting your down payment and trade-in value.
Contact Our Finance Center with Questions
Our finance team is here to answer any car-buying questions you may have! Get in touch with us anytime, or stop by our dealership in Northfield to be greeted by a friendly member of our team. Spitzer Chevrolet Northfield will go the extra mile to ensure you drive away in a new or used vehicle for a price you feel great about!