# Car Payments Calculator

This calculator estimates your monthly car payment. To use it (don't use commas):

For "Total Car Price," type the **price of the car** (i.e., 24000).

For "Loan Terms" type the **term in months of your car loan** (i.e., 36).

For "Interest Rate" type the **interest rate of the loan** (i.e., 14).

For "Down Payment" type the **down payment you're paying** (i.e., 5000).

Then press "Compute" and look for the estimated monthly payment you need to make to repay the loan.