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Vehicle Affordability by Loan Term

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To determine what purchase price you can afford, you must consider several factors, including the monthly payment you’d like to make, the interest on your loan, the amount of any down payment you will make, the amount you can expect to receive for any vehicle you'll be trading in and any rebates or cash back offers available from the dealer or manufacturer.

Vehicle Affordability by Loan Term
12 Months	24 Months	36 Months	48 Months	60 Months

Loan Information

Monthly payment

$

The vehicle loan payment you can afford to make each month

Interest rate

%

The rate at which interest will be charged on your outstanding vehicle loan balance

Purchase Information

Sales tax rate

%

The sales tax rate that you will pay when you purchase your vehicle

Cash rebate or cash back

$

The amount of the dealer or manufacturer incentive to purchase a specific vehicle

Value of your trade-in

$

What the dealer will give you for a used vehicle at trade-in.

Amount owed on trade-in

$

The balance on any outstanding loan that may exist for your trade-in

Down payment amount

$

The amount of money you will pay up front for your vehicle

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The calculations provided by this calculator are based entirely on the information you enter, including any loan amount and/or interest rate. These calculations do not reflect the terms available for any Regions loans or whether you qualify for any Regions loan. Find out more about Regions loans.