Interest Rate Impact Calculator

See exactly how each percentage point in APR affects your auto loan. Compare rates side by side and find out what a better rate could save you.

🚗 Loan Details

📊 At Your Rate (7.5%)

Monthly Payment$601
Total Interest$6,054
Total Cost$36,054

💡 What a Better Rate Saves

If you got 1% lowerSave $823
If you got 2% lowerSave $1,620
Best rate (3%)Save $3,780

💡 Rate Tip

Credit unions typically offer rates 1-2% lower than dealer financing. Getting pre-approved before shopping can save you thousands.

📈 Rate Comparison Table

APRMonthlyTotal InterestTotal Costvs Your Rate