Calculate a Car Payment Car Loan Calculator
Calculate A Car Payment: First Merchants Car Loan Calculator
Your monthly car payment is based on the net purchase price of the vehicle, the loan term and the interest rate for the loan. The loan amount is based on the net purchase price of the vehicle (plus sales tax) or the vehicle price less any cash rebate, trade-in or down payment. If you have an outstanding balance on the vehicle you trade-in, that amount is added to the price of the vehicle you are purchasing. Use the car loan calculator below to calculate a car payment estimate. Please note, the maximum payment term for a First Merchants Auto loan is 72 months.