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Financial Calculators

Auto Loan Vs. Home Equity Loan Calculator

This calculator will help you to decide whether you should finance your car using an auto loan or using a home equity loan.


Purchase price of car ($):
Down payment amount ($):
Loan term (# of months):
Auto loan interest rate (%):
Home equity loan interest rate (%):
Home equity loan upfront costs ($ total of fees, points, ect):
Your combined state and federal tax rate (%):
Your savings interest rate (%):
Results Auto Loan Home Equity Loan
Monthly payment:
Total interest cost:
Tax savings:
 

Salmon Sims Thomas      12720 Hillcrest Road Suite 900 Dallas, Texas 75230      Phone: 972.392.1143      Toll Free: 888.332.4829      Fax: 972.934.1269

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