Finance Tools

Use our handy calculators to figure your monthly payments! Simply fill in the required information and click to compute.

Monthly Payment Calculator

Figure Your Payments…

Find out what your payments will be by using the calculator below. You can use this handy tool to learn just how much your monthly payment for your new or used vehicle will be. All you do is type the amount it will cost, what the interest rate will be and how many months your loan will be for. Click compute or simply click in the payment window to see how much it will cost each month.

Complete These Three Columns: Your Payment: Your Interest Cost:
Number of Monthly Payments Simple Interest Rate Principal Amount of Loan Your Monthly Payment Will Be Your Total Interest Cost Will Be

Lease Payment Calculator

Figure Your Monthly Lease Payments…

Calculating a lease takes a little more information than calculating a basic loan. You will probably have to look at the “fine print” of the lease or ask your dealer for some details. Enter values for the items in the first table below, A, B, C, D, E, G & I, then click the “Calculate Button”. In the next table you will see a breakdown of the proposed lease including monthly payments and other important details.

To recalculate, replace any of the values in the first table and click calculate or click the Clear button to start over.

Cost Item Enter Data Example
(A) Total Number Of Months Leased =36
(B) State Sales Tax (Enter the percentage.) = 6.5
(C) Final Negotiated Price Of Car (Capitalized Cost) = 21540 (no commas)
(D) Capitalized Cost of Reduction (includes destination + acquisition fees) = 910 (no commas)
(E) Security Deposit = 475 (no commas)
(G) Residual Value of Car at Lease End (determined by leasing company) = 9999 (no commas)
(I) APR Enter the percentage. = 8.9

Results
(F) Total Due at Lease Signing $ = D + E
(H) Depreciation Over Lease Term $ = C - G
(J) Monthly Financing Charge (Monthly Lease Rate) $ = I / 24 x (C + G)
(K) Monthly Depreciation of Car $ = (C - G) / A
(L) onthly State Sales Tax (tax on monthly finance plus depreciation) $ = B x (J + K)

FINAL MONTHLY PAYMENT

 $ = (J + K + L) - (D / A)
Leasing Summary
State Sales Tax = %
Final Negotiated Price Of Car =
Security Deposit =

DISCLAIMER: Calculations do not include state and local taxes, title fee, dealer preparation, and destination costs. Markel is not responsible for errors or discrepancies in calculations when using these free calculators. Please check with a representative for complete details on lease payments.