Auto Car Truck RV Loan Payment Calculator FREE

Auto Car Truck RV Loan Payment Calculator FREE

Rating
2.9
Reviews
16

App details

Release date

0001-01-01

Last update

0001-01-01

Product ID

XPFML0811GCS1L

Categories

Personal finance

About Auto Car Truck RV Loan Payment Calculator FREE

The Auto Loan Payment Calculator turns you into a master negotiator when shopping for a car, truck, or RV by quickly and easily calculating a monthly loan payment or an affordable purchase price on location with your mobile device.

The app can be moved to the SD card.

At the start screen, you simply choose what you want to calculate:

  1. Monthly Loan Payment if buying from a Dealer.
  2. Monthly Loan Payment if buying from an Individual.
  3. The Price of a Car/Truck/RV that you can afford based on the monthly payment of your choice.

You then simply enter the required information (e.g., price, interest rate, term of loan), plus any optional information (e.g., trade-in, sales tax rate, rebate, loan payoff, etc.), and then press the calculate button.

The app makes a “Cha-Ching” cash register sound when it calculates a monthly payment or affordable price. You can use your device’s sound volume control to raise or lower the volume as you see fit.

The free version will also display ads at the top of each screen.

3 main options are available to the user from the start screen:

  1. Calculate a Monthly Loan Payment if buying from a Dealer. This option offers allows the user to input all items that a dealer finance manager would input into their system to calculate a monthly loan payment.
    User can enter:
  2. Price of Car/Truck/RV (required)
  3. Trade-In Value (optional)
  4. Instant Cash Rebate (optional)
  5. Down Payment (optional)
  6. Dealer Fees (optional)
  7. Miscellaneous - extended warranty, dealer add-ons, etc. (optional)
  8. Sales Tax Rate (optional)
  9. Interest Rate (required)
  10. Loan Payoff (optional)
  11. Term of Loan in months (required)

You can also select whether to apply sales tax to the trade-in and/or rebate. You may also choose whether to finance the total sales tax (i.e., include it in the loan).

The app then calculates the monthly loan payment of the car based on the information above. It will also display the total amount financed and the total sales tax.

  1. Calculate a Monthly Loan Payment if buying from an Individual. This is the simplified version.
    User can enter:
  2. Price of Car/Truck/RV (required)
  3. Down Payment (optional)
  4. Sales Tax Rate (optional) - used only for informational purposes.
  5. Interest Rate (required)
  6. Term of Loan in months (required)

The app then calculates the monthly loan payment of the car based on the information above.

  1. Calculate the Affordable Purchase Price of a car based on the monthly loan payment interest rate, term of loan and any other optional information.
    User can enter:
  2. Monthly Payment of Car/Truck/RV (required)
  3. Trade-In Value (optional)
  4. Down Payment (optional)
  5. Dealer Fees (optional)
  6. Miscellaneous - extended warranty, dealer add-ons, etc. (optional)
  7. Sales Tax Rate (optional)
  8. Interest Rate (required)
  9. Loan Payoff (optional)
  10. Term of Loan in months (required)

You can also select whether to apply sales tax to the trade-in. You may also choose whether to finance the total sales tax (i.e., include it in the loan).

The app then calculates the affordable purchase price of the car based on the information above. It will also display the total amount financed and the total sales tax.

Key features

  • Accurately calculates a monthly car loan payment based on all relevant factors for a motor vehicle loan.
  • Provides the user with a choice of either buying from a dealer or buying from an individual (simplified form).
  • Afordability calculation helps the user to calculate an affordable car price based on the monthly loan payment they can afford.
  • Displays simple instructions written at the bottom of each calculation screen.
  • Displays helpful pop-up messages if when the user touches the label of a field (i.e., the text to the left of the blue boxes) AND displays helpful pop-up messages when the users enters data that is not allowed (e.g., attempts to finance less than $5000 which most banks will not allow) or fails to enter required data and presses the Calculate button.
  • User can shoose whether to include or exclude the trade-in value from the sales tax.
  • User can choose whether to finance the sales tax (i.e., include or exclude from the loan).
  • App makes a cha-ching cash register sound whe the user presses the calculate button. User can change the volume.
  • App can be moved to the SD card.
  • Screen does not timeout when the user is on one of the three calculation screens.