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: