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Disclaimer:

New vehicle pricing includes all offers and incentives. Tax, Title and Tags not included in vehicle prices shown and must be paid by the purchaser. Doc Fee is $237.50. While great effort is made to ensure the accuracy of the information on this site, errors do occur so please verify information with a customer service rep. This is easily done by calling us at 574-264-0847 or by visiting us at the dealership.

**With approved credit. Terms may vary. Monthly payments are only estimates derived from the vehicle price with a 72 month term, 5.9% interest and 20% downpayment.

Car Finance Calculator

Are you preparing to buy a new truck or van in Elkhart? Thanks to our monthly car payment calculator at Lochmandy Motors Truck, Fleet & Mobility Sales, the budgeting process is no longer a headache. This convenient online tool allows you to compare monthly car payments based on a number of different factors, including your trade-in value, down payment, loan term, and more. Learn how it works below, and don’t hesitate to contact our finance department if you have any questions or need assistance. We’re here to help!

How to Use Our Monthly Car Payment Calculator

Our car finance calculator lets you make the most of your budget by comparing monthly payments from the comfort of your South Bend home. All you have to do is provide the following information:

  • Vehicle Price: Provide the price of the new or used vehicle you’re interested in.
  • Interest Rate: Fill out our online pre-approval application to determine what interest rate you qualify for.
  • Loan Term: This is also referred to as the loan length. Choose a duration that your budget can accommodate. Just remember that the longer the loan term, the more interest you’ll pay over time.
  • Down Payment: Please specify how much money you can put down on the vehicle right away. A larger down payment will help lower your monthly payment.
  • Trade-In Value: You can also reduce your monthly payment by trading in your current vehicle. Use our trade-in valuation tool to get an estimate of your car’s worth, then enter that value here.

Press “Calculate Payments” after putting all your information into the car finance calculator. You should now be able to see your estimated monthly payment for the new or used vehicle you want to buy.

Calculate Your Truck Payment Now!

If you have questions about our monthly car payment calculator or want to discuss the next steps of the car-buying process, please give us a call at 574-264-0847. We’re also happy to help you schedule a test drive at our dealership near Mishawaka and Granger.