Best Answer

Auto loan calculators are not reliable. Although they can sometimes predict auto loan payments correctly, they are often inaccurate and can cause issues.

User Avatar

Wiki User

โˆ™ 2011-07-13 15:22:35
This answer is:
User Avatar
Study guides


25 cards

What is forfeiture

Which of these is the best description of delinquency

Which term is defined as property that is pledged as security on a loan

This is Paula's monthly budget What percent of her expenses is spent on insurance

See all cards
4 Reviews

Add your answer:

Earn +20 pts
Q: Do auto loan calculators accurately predict auto loan payments?
Write your answer...
Still have questions?
magnify glass
Related questions

How do I find a calculator for car loan payments?

If your looking for an auto loan calculator, Bankrate is a great place to start. They provide car loan and auto loan calculators to help with your buying decision.

Where can one find a car amortization calculator?

You may find an amortization calculator to figure out your payments on a new car at the following

How can someone use a special calculator for auto loan?

Auto loan calculators work similarly to mortgage rate calculators. One must determine how much money one will pay up front. Then, using the balance, time period for payments, and interest rate, one can calculate one's monthly payments as well as total investment over time.

How can you create a reverse auto loan calculator?

I'm not sure how you could create a reverse auto loan calculator, but there are many calculators online that can help you decide what your payments would be, and also include an amortization chart to show your payments and interest rate fees.

Where can I find an auto loan calculator?

There are several useful auto loan calculators online. The one found at gives you a lot of information/

How can you calculate your estimated auto loan payments?

You can calculate your auto loan payments by using an auto loan calculator that can be found on various websites. You will need to enter the following information into the online auto loan calculators: The purchase price, the cash rebate, the value of your trade in,what you had previously owed from your trade in, your down payment, and your interest rate.

Which websites offer auto loan amortization calculators?

You can find a good auto loan amortization calculator at

Can you find a calculator for car loan online?

There are many online calculators for car loans such as,, and

Is there an online site that has a good loan payment calculator to help me budget my loan payments?

I would still go and use BankRate's calculators. They have many different tye of calculators on their site. They have Mortgage, auto, credit card, home equity, investment, retirement, savings and college finance calculator. They have just about all the calculators needed for every day use.

Where can one find more information about online auto financing?

One can find more information about online auto financing through the websites of ones own bank or through Capital One Auto Finance. They can offer all the information required for finding a suitable financing. They also offer calculators to estimate the montly payments.

Where can a auto loan calculator be found?

Auto loan calculators can be found on many different websites. Although, it is best to use the loan calculators on the site of the company that you are interested in using. This will give you the most accurate estimate.

How does a car payment calculator work?

Car Payment Calculators estimate the monthly payment you'd be required to make based on the cost of the automobile, your down payment, and interest. Once you enter the cost of the vehicle, your down payment, your interest rate and the length of your loan, it will give you an estimate on what your monthly payments would be. There is a helpful calculator here: Hope this helps.

People also asked