Approximate Payment Calculator
This tool is written in javascript - older browsers may not work
The TAB key will move to the next field and SHIFT, TAB will move back; or, use the cursor arrows. First, enter the number of months, such as "60" months; enter the annual interest rate with no % sign as in "8" for 8%, or .08.
Enter the principal loan amount (no $ or comma) then, TAB to Approximate Payment field. As an example 60 months, .08 interest rate, $50,000 principal gives an approximate payment of $1013.81.
This amount does not include taxes, insurance, or other fees.
This calculator is provided as a courtesy from carverequipment.com and is designed to give you approximate costs for credit. It does not include any trade-ins, down payments or deposits you might make which would reduce the principal amount.