When you’re in the market for a new vehicle, aligning your shopping budget with your overall financial goals is essential. While it can seem confusing to determine which new and used vehicles are right for your finances, our car loan calculator eliminates the guesswork. Whether you’re eying a new Toyota Highlander or you want a pre-owned option, finding a model that suits your Metairie lifestyle is easy when you shop with us in Kenner. Learn more about how to use our car payment calculator below!
How to Use our Car Loan Calculator
Our car loan calculator is simple to use and can help you discern which vehicles match your budget in minutes. When using our budgeting tool, you can customize your payments by adjusting the following fields:
Vehicle Price: If you know which model has the top spot on your wishlist, enter its price in this section.
Loan Term: Your loan term denotes the number of months over which you agree to make payments.
Interest Rate: The interest rate of your loan is based on your credit history, apply for financing online to see what you qualify for.
Down Payment: This figure represents the amount of money you’ll be paying upfront. This crucial amount will reduce the size of your loan and monthly payments.
Trade Value: If you currently own a car, trading it in at the time of your purchase is a great way to boost your down payment. You can use our trade value tool to see what your car is worth.
Work With Our Car Payment Calculator Today!
No matter what new or used vehicle catches your eye, when you shop with Ray Brandt Toyota, you’re certain to get a great deal. Our finance team is standing by to help guide you through the upgrade process to take your commute from New Orleans to La Place to new heights. Shop with us in Kenner today!