Auto Loan Calculator
The First International Bank & Trust Auto Loan Calculator is a financial tool that helps you estimate the monthly payments and total costs associated with financing a car purchase. By inputting information such as the vehicle price, down payment, loan term, and interest rate, the calculator can provide you with an estimated monthly payment amount. It accounts for factors such as trade-in value, sales taxes, and other fees (i.e.: registration and insurance fees) to provide you with a comprehensive cost estimate. Additionally, the calculator will show you the principal balance over time, allowing you to budget accordingly. By using an Auto Loan Calculator, you can make informed decisions about the affordability of a vehicle purchase and compare different financing options to find the best deal for your financial situation.