Important information about our car payment calculator and financing services
Important Disclosure
This car payment calculator provides estimates only. Actual car loan and car lease terms may differ significantly from calculated results. Always consult with qualified financial professionals before making car financing decisions.
Car Payment Calculator Limitations
Our car payment calculator and car loan calculator tools are designed to provide general estimates. However, actual vehicle payments depend on numerous factors:
Credit Score: Your credit history significantly impacts car loan interest rates
Income Verification: Lenders verify income before approving car financing
Debt-to-Income Ratio: Existing debts affect car loan eligibility
Vehicle Condition: Used car values vary based on condition and history
Market Conditions: Interest rates and car lease terms fluctuate
Regional Variations: Local taxes and fees affect total vehicle payment costs
Affiliate Compensation Disclosure
Financial Relationship Disclosure: We may receive compensation when you click on links to our car financing partners or complete applications for car loans or car leases.
This compensation does not affect our car payment calculator results
We maintain editorial independence in our car financing recommendations
Partner relationships do not influence calculator algorithms
You are never required to use our partner services
Car Loan vs Car Lease Considerations
Car Loan Benefits
Build equity in the vehicle
No mileage restrictions
Freedom to modify the car
Potential for lower total cost
Car Lease Benefits
Lower monthly car payments
Warranty coverage typically included
Ability to drive newer vehicles
Lower or no down payment
Additional Costs Not Included in Calculator
Our car payment calculator may not include all costs associated with vehicle payments:
Potential Additional Costs
Extended warranties
Gap insurance
Documentation fees
Registration and title fees
Dealer preparation charges
Ongoing Expenses
Auto insurance premiums
Maintenance and repairs
Fuel costs
Annual registration renewal
Parking and tolls
Regulatory Information
Car financing is subject to federal and state regulations. Key protections include:
Truth in Lending Act: Requires disclosure of car loan terms and costs
Equal Credit Opportunity Act: Prohibits discrimination in car financing
Fair Credit Reporting Act: Governs use of credit reports for car loans
State Lemon Laws: Protect consumers from defective vehicles
Professional Advice Recommendation
Important: While our car payment calculator is a useful tool, we strongly recommend:
Consulting with financial advisors about car financing decisions
Shopping around for the best car loan and car lease rates
Reading all car financing documents carefully before signing
Understanding the total cost of vehicle ownership
Contact for Questions
If you have questions about our car payment calculator or need clarification about car financing disclosures:
Email: disclosure@carpayment.org Phone: 1-800-CAR-PAYMENT Subject: Car Financing Disclosure Inquiry
This disclosure applies to all car payment calculator tools, car loan calculator features, and car financing services provided on this website. We are committed to transparency in all vehicle payment calculations and car financing partnerships.