Whether you’re interested in getting a 2016 Honda Civic or another Honda vehicle has caught your eye, buying a new car can be stressful. Not only do you have to invest time in researching automobiles and dealer specials, you have to look at your budget and figure out how much you can afford to spend on a car payment every month.
Even after you determine what you can afford, you still have to calculate how much your payment will be based on the price of the vehicle you want and the interest rate on your loan. There’s no reason for you to break out the finance calculator you used in high school or college, however. You can use the handy payment calculator on our website to calculate what your monthly car payment is going to be.
To access the calculator, click the Finance tab on our website’s homepage and then select Payment Calculator. To use the calculator, you’ll then need to enter the price of the vehicle you’re going to buy and the down payment you’re going to make, if any. You’ll also need to enter the interest rate on your car loan and the length of time it will take you to pay your loan off. Once you’re done entering the necessary information, our payment calculator will reveal what your estimated monthly payment will be.
While it’s great to have an estimate of what your payment is going to be, we encourage you to speak with one of the finance experts at our Honda dealership near Hazleton, PA to get a firmer idea of what you’ll have to pay for the car you want. Our finance professionals work with a wide network of lenders and they can help you get the financing you need regardless of whether you have good, poor, or no credit. To talk with a finance expert, call or visit MotorWorld Honda on MotorWorld Drive today.