Low APR vs. Rebate Calculator

You've seen all the low rates the auto dealers have been offering if you finance your new vehicle with them, but is this the best deal for you?

If you were to take the rebate, apply it to the cost of the vehicle and borrow the rest of the money from us, chances are your payment would be lower and you would save interest as well.

Fill out the form below using the cost of the vehicle, the total rebate, the dealer's interest rate, Credit Union's interest rate, and the length of the loan. Estimated payments will be calculated, depending on where you borrow the money.

	CU (CU)		Dealer (D)
Cost of Vehicle (CU)	$		Cost of Vehicle (D) $
Rebate (CU)	$		Rebate (D) $
Amount to Finance (CU)	$		Amount to Finance (D) $
Interest Rate (CU) $		%	Interest Rate (D) $	%
Months (CU) $			Months (D) $

Payment Amount (CU)	$		Payment Amount (D) $
Monthly Savings (CU) $	$		Monthly Savings (D) $
Total Savings (CU) $	$		Total Savings (D) $

The accuracy of this calculator and its applicability to your circumstances is not guaranteed.
Results should be discussed with a qualified professional before any product purchases or loan commitments are made.