Auto Loan Vs. Home Equity Loan Calculator

This calculator will help you to decide whether you should finance your car using an auto loan or using a home equity loan.
Purchase price of car ($):
Down payment amount ($):
Loan term (# of months):
Auto loan interest rate (%):
Home equity loan interest rate (%):
Home equity loan upfront costs ($ total of fees, points, ect):
Your combined state and federal tax rate (%):
Your savings interest rate (%):

Results Auto Loan Home Equity Loan
Monthly payment:
Total interest cost:
Tax savings:
Net cost (interest cost less tax savings):

Free Auto Credit Score

Know YOUR Auto Credit Score?

Free Credit Score

Auto Loans

Get Financed Regardless of your Credit