The Payment Calculator is a tool to help give you an idea of what your payment might be depending on the amount of the loan, the annual percentage rate and the length of the loan in years.

The amount of the loan depends on your down payment or trade in allowance and the purchase price of the vehicle. So, for example, if you are allowed $1500 for your trade and the price of your vehicle is $5000, your loan amount will be $3500

The annual percentage rate (APR) is a determining factor for the amount of interest paid on the loan. This rate is usually determined by your lender and your credit history. If you are unsure of your rate or your lenders typical auto loan rate, 18% is usually a good estimated rate.

The length of the loan or "Term", has a major impact on the amount of your payment and the interest you will pay overall. For example, if you choose a 2 year loan, the payment will be less than a 1 year loan payment, however, you will have paid more interest on a 2 year loan than you would on a 1 year loan.

Note: The Payment Calculator is designed to give you a rough estimate of what your payment may be under various loan conditions. The Payment Calculator in no way gaurantees a loan approval, a loan amount, or payment amount. Huck's Auto Sales is not responsible for the accuracy of the loan calculator nor does Huck's Auto Sales make any type of gaurantee that you will be approved for a loan or any of the terms or calculations presented in the Payment Calculator