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UMe Monthly Car Payment Calculator

Ready for another super-helpful money tool? Meet the UMe monthly car payment calculator! It’s designed to help you understand what your monthly car loan payment for a new or used vehicle could be. Not only that! But you can use our auto loan calculator to help determine how much you can afford to pay for an upcoming new car purchase.

After entering your current information, you can use the options (displayed in a handy graph) to calculate how different loan terms or down payments will impact your monthly payment. To see a complete schedule of payments, click on the "View Report" button… And Voila! You’ll see a world of personalized loan options, right before your eyes.

By changing any value in the following form fields, your calculated values will update immediately. To see all of your results, click the "View Report" button.

Pro tip: Scroll down to our auto loan glossary at the bottom of the page for an explanation of commonly used loan terms that might appear in your full report.

Auto Loan Rates

UMe Credit Union offers competitive rates on loans for new and used vehicles. Check out our rates below to see which loan terms will work for your budget.

see new vehicle rates

see used vehicle rates

*APR is Annual Percentage Rate. Loan approval, term, and rate are based on a verification of income and an evaluation of your creditworthiness and collateral.

Need More Information on UMe's Car Loans?

UMe offers low monthly payments, flexible financing options, and the option to defer your first payment for up to 90 days. But that's not all the perks UMe members get when financing their vehicles through our credit union… (drumroll please)

UMe auto loans also include access to a handful of perks, including—but not limited to:

  • Car-buying services through Autoland

  • Guaranteed Asset Protection (GAP) 

  • Mechanical Repair Coverage (MRC)

Find out more about UMe's loan extras available to credit union members.

Ready to Apply for Your UMe Car Loan?

Now that you know what your estimated monthly payment will be, you're probably excited to fit that upcoming car purchase into your budget.

However, if you still have more questions about our loan services, feel free to get in touch with one of our helpful UMe Team Members. 

If you're ready to apply for your auto loan today, follow the link below to get started on our quick and easy online loan application.

apply for a car loan!

Glossary of Car Loan Terms

Monthly payment

The monthly payment for your auto financing.

Total purchase price (before tax)

This is the total cost of your auto purchase. It includes the cost of the vehicle, additional options, and destination charges. This amount does not include sales tax. Sales tax will be calculated for you and included in your total after-tax price.

Term in months

The number of months for this loan.

Interest rate

The annual interest rate for this loan.

Rebates and cash down

The total amount of cash and/or factory rebates used in this purchase. The larger your cash down payment, the smaller the loan you will need to finance this purchase.

Trade allowance

The total amount that you are given for any automobile that you trade-in as part of this purchase. In some states, a trade-in can also reduce the amount of sales tax you will owe. See the definition for "No sales tax deduction for trade-in" for more information on trade-in vehicles and sales tax.

Amount owed on trade

The total loan balance that is still outstanding on the trade-in.

Non-taxable fees

Any additional fee that is not subject to sales tax. This usually includes document fees or any other fees that may be due at delivery and are not taxable.

Taxable fees

Any additional fee that is subject to sales tax. This usually includes title transfer fees or any other fees that may be due at delivery and are taxable.

Sales tax rate

Sales tax percentage rate charged on this purchase.

No sales tax deduction for trade-in

If you live in a state where your sales tax is calculated on your full purchase price, check this box. If this box is unchecked, sales tax is calculated on the purchase price less trade-in.

Currently, California, the District of Columbia, Hawaii, and Michigan allow no deductions for trade-ins when calculating sales tax. In addition, Alaska, Delaware, Montana, New Hampshire, and Oregon have no sales tax on autos.

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