Mortgage Calculators

Home >> Calculators >> Rebate or Lower Interest Rate?

Cash Rebate or Lower Interest Rate?

This calculator will help you make a decision whether to choose cash rebate or lower interest rate when you purchase your new car


input
Negotiated Vehicle Price $
Downpayment $
Car Loan Length months
Rebate Amount $
Interest Rate w/ Rebate %
Interest Rate w/o Rebate %
 

Disclaimer


Calculator Help

For given car price, amount of down payment, loan and rebate details, this calculator calculates which option will be less costly over the lifetime of the loan - receiving cash rebate or paying low rate on the car loan.

This calculator does not account for a potential early payoff of the loan. With early payoffs, the results of that calculator may not hold.

Powered by MortgageAbacus