Payment Calculator
Payment Calculator
It’s easy to find your next vehicle. You can use our search filters to scan our comprehensive collection of cars, trucks, and SUVs. What’s the next step?
Use our car Payment Calculator to make sure it’s a good fit for your budget. If you live near Indianapolis, Plainfield, or Bloomington, Indiana, Andy Mohr Automotive can help you search for your next car from home. Read below to learn about one of our handy car financing tools.
Using Our Car Payment Calculator: How Can I Calculate My Car Payment?
Drivers can estimate their monthly car payments with our Payment Calculator. Before you get started, consider how much your car down payment may be. You can also add the trade-in value of your current vehicle. This can help lower your monthly payment.
What’s next? Use our vehicle listings to learn what the total vehicle payment may be. Enter a monthly payment that works for your budget to learn your buying power.
Can the Term of My Loan Change My Payment?
Yes. The length of your loan’s term can change your monthly payment. Decreasing or expanding the monthly payment plan provides drivers with options.
Lengthening your loan term can create a lower monthly payment. Interest accrues over time, so this can add up to a greater overall payment.
How can this help you? Lowering monthly payments by increasing the loan term can also become a way to drive an elevated trim or add packages to your vehicle.
Use our Payment Calculator to see which loan term may work for your budget. You can ask one of our our finance team members about options to expand the length of loan payments when you visit our dealership.
What Should My Car Down Payment Be?
That depends on the vehicle you’re driving and how much you’ve saved. It’s recommended to save close to 20% of your vehicle’s value to create a more flexible payment plan.
Use our car Payment Calculator to forecast different down payment numbers. You can see which payment plan best fits your monthly budget.
Can Trading in My Car Lower My Monthly Payments?
Yes! Trading in your current vehicle can lower your monthly payments. You can use the value of your car, truck, or SUV as collateral for a down payment. A vehicle with a higher value can lower your monthly payments.
If you’ve been saving for a down payment, drivers can also combine their trade-in value with the down payment. This creates additional financial flexibility.
Use our Value Your Trade tool to estimate your vehicle’s worth.
Should I Account for Taxes and Fees?
Yes. When you buy a car, taxes and fees may be added to your overall payment plan. Ask our team about additional expenses so you can accurately calculate your monthly budget.
Car Payment Calculator: Lease
You may also have to pay taxes or fees when you lease a vehicle. Did you know there’s an advantage to leasing your vehicle?
If you lease a vehicle from our dealership, you may not have to account for monthly interest. Speak with one of our finance team members to learn about our lease payment plans.
Contact Us
Our car Payment Calculator assists with your homework. You’ll learn an estimate of your monthly car payment. It’s easy to use, but did you know the team at Andy Mohr Automotive also facilitates your car-buying experience?
Contact us. Our financing team helps drivers like you near Indianapolis, Plainfield, and Bloomington, IN, find a vehicle that matches your lifestyle.
| Monday | 8:00AM - 8:00PM |
| Tuesday | 8:00AM - 8:00PM |
| Wednesday | 8:00AM - 8:00PM |
| Thursday | 8:00AM - 8:00PM |
| Friday | 8:00AM - 6:00PM |
| Saturday | 8:00AM - 6:00PM |
| Sunday | Closed |
| Monday | 7:00AM - 7:00PM |
| Tuesday | 7:00AM - 7:00PM |
| Wednesday | 7:00AM - 7:00PM |
| Thursday | 7:00AM - 7:00PM |
| Friday | 7:00AM - 6:00PM |
| Saturday | 7:00AM - 4:00PM |
| Sunday | Closed |
| Monday | 7:30AM - 6:00PM |
| Tuesday | 7:30AM - 6:00PM |
| Wednesday | 7:30AM - 6:00PM |
| Thursday | 7:30AM - 6:00PM |
| Friday | 7:30AM - 6:00PM |
| Saturday | 7:30AM - 4:00PM |
| Sunday | Closed |