When you’re shopping for a new or pre-owned vehicle for sale near Schererville, one of the most important parts of the car-buying process is staying on budget. The car payment payoff calculator here at Webb Ford can help you achieve just that! Read on to learn how to use our Ford payment calculator. If you have any questions, feel free to reach out to our finance experts!
How to Use Our Ford Payment Calculator
Our car finance calculator is easy to use and allows Munster car shoppers to customize their monthly payments based on several factors that include, but are not limited to the following:
Vehicle Price: Enter the price of the Ford you want into this field.
Interest Rate: This number can vary depending on your credit score; the higher your score, the lower your interest rate will be. If you’re in need of an interest rate calculator to find out what kind of rate you qualify for, apply for financing online.
Loan Term: Your loan term is the number of months that you will be paying your loan back for.
Down Payment: This online tool is also a down payment calculator! Your down payment is the amount of money that you will put down on the vehicle upfront. In turn, it will be subtracted from the total of the vehicle and reduce the loan amount.
Trade-in Value: If you have a vehicle that you plan on trading in, use our value your trade-in tool to get an idea of how much your automobile is worth. Enter that amount in this section, and it will also be removed from the total of the new vehicle.
Once you’ve filled out all of these categories, hit ‘calculate payments’ and you’ll receive your monthly payment. What’s great about our vehicle payment calculator is that you can further customize these fields until you get a monthly payment that you’re happy with.
Use Our Car Finance Calculator Today
If you still have questions about the automotive financing and leasing process, or about Ford credit, give us a call at 219-924-3400 or browse our car buying tips. Our experts are more than happy to help! After you use our monthly and down payment calculator, you’re just one step closer to driving back home to Griffith in your favorite Ford.