Low Rate vs. Cash Back Auto Financing Calculator

How It Works

When buying a car, you may be faced with either a cash back incentive or lower interest rate. This calculator outlines the total amount you’ll pay with either option, comparing total savings.

Enter the price, down payment, loan term, and interest rate (not the low offer rate) for the car you’re hoping to buy. You’ll also be given options to enter a trade in value. When done, you’ll see which offer saves you more money, the predicted loan amount, and how much you could save.

Disclaimer
While we hope you find this content useful, it is only intended to serve as a starting point. Your next step is to speak with a qualified, licensed professional who can provide advice tailored to your individual circumstances. Nothing in this article, nor in any associated resources, should be construed as financial or legal advice. Furthermore, while we have made good faith efforts to ensure that the information presented was correct as of the date the content was prepared, we are unable to guarantee that it remains accurate today.

Neither Banzai nor its sponsoring partners make any warranties or representations as to the accuracy, applicability, completeness, or suitability for any particular purpose of the information contained herein. Banzai and its sponsoring partners expressly disclaim any liability arising from the use or misuse of these materials and, by visiting this site, you agree to release Banzai and its sponsoring partners from any such liability. Do not rely upon the information provided in this content when making decisions regarding financial or legal matters without first consulting with a qualified, licensed professional.

Fairfield County Bank and Banzai! are not affiliated.