![]() ![]() ![]() To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review the Bank of America Online Privacy Notice and our Online Privacy FAQs. Use our monthly car payment calculator to check out the right loan plans and monthly installments for your car by public bank car loan and car loan interest rate before buying your new or used car. You may also visit the individual sites for additional information on their data and privacy practices and opt-out options. To learn more about ad choices, or to opt out of interest-based advertising with non-affiliated third-party sites, visit YourAdChoices popup powered by the DAA or through the Network Advertising Initiative's Opt-Out Tool popup. Ads served on our behalf by these companies do not contain unencrypted personal information and we limit the use of personal information by companies that serve our ads. Relationship-based ads and online behavioral advertising help us do that.īank of America participates in the Digital Advertising Alliance ("DAA") self-regulatory Principles for Online Behavioral Advertising and uses the Advertising Options Icon on our behavioral ads on non-affiliated third-party sites (excluding ads appearing on platforms that do not accept the icon). We strive to provide you with information about products and services you might find interesting and useful. The final APR may differ from the APR in the above results due to additional fees that may be applicable. Please consult with qualified professionals to discuss your situation. The average new car payment is 726 per month, according to Experian data. ![]() The calculator then computes the monthly instalment you’ll need to pay, including both principal and interest. To use it you typically input details such as loan amount, interest rate and loan tenure. The terms and conditions of products offered by institutions will differ and may affect the results of the calculator. Due to a number of factors, interest rates are high right now. A car loan EMI (Equated Monthly Instalment) calculator is a tool that helps you calculate the monthly payments you’ll need to make on a car loan. Our calculator can help you estimate your monthly auto loan payment, based on loan amount, interest rate and loan term. This calculator is not intended to offer any tax, legal, financial or investment advice and does not assure the availability of or your eligibility for any specific product offered by Bank of America, its affiliates or any other institution, nor does this calculator predict or guarantee the actual results of any investment product. Bank of America and its affiliates are not tax or legal advisers. The results provided by this calculator are also intended for illustrative purposes only and accuracy is not guaranteed. The maximum preferred interest rate discount on a Bank of America auto loan is 0.50. You should enter figures that are appropriate to your individual situation. Enter a total loan amount into this auto loan calculator to estimate. The figures entered on the input page of this calculator are for hypothetical purposes only. ![]()
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