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Car Payment Calculator

Compare Monthly Car Payments by Term

The term of your vehicle loan can make a big difference in your monthly payment. It can also have a significant impact on the amount of interest you will pay over the course of the loan. You pay interest each month on the outstanding balance of the vehicle loan, so the longer the term of the loan the more interest that you will pay until the loan is paid off. Use the car payment calculator below to estimate your monthly car payments.

Compare Monthly Car Payments by Term: First Merchants Car Payment Calculator