Low APR vs. Rebate

Loans and Credit Calculators Low APR vs. Rebate

Is this the best deal for you or the best deal for the dealer?

We're sure you have seen all the low rates the auto dealers have been offering if you finance your new vehicle with them.

Most of the time the dealer is offering a cash rebate or a low interest rate. If you were to take the rebate, apply it to the cost of the vehicle and borrow the rest of the money from us, chances are your payment would be lower and you would save interest as well

Fill out the form below using the interest rate the car dealer is offering, our interest rate, the amount of the rebate, the length of the loan, and the cost of the vehicle. Then hit the calculate button to see what your payments will be depending on where you borrow the money from.

Low APR vs. Rebate Calculator

Compare a dealer's low promotional APR with taking the cash rebate and financing through your credit union. Enter the offer details below to see which option may cost less.

Vehicle and Offer Details
$
$
Applied to the vehicle price before credit union financing.
Compare Interest Rates
Option 1

Credit Union + Rebate

%
Option 2

Dealer Low APR

%
Estimated Better Option
Enter your loan details

We'll compare the estimated monthly payment and total amount paid for both financing options.

$0.00 estimated total savings
Lower Cost
Credit Union + Rebate

Finance After Rebate

Estimated Monthly Payment
$0.00
Amount Financed
$0.00
APR
0.00%
Total Interest
$0.00
Total Payments
$0.00
Lower Cost
Dealer Low APR

Finance Full Price

Estimated Monthly Payment
$0.00
Amount Financed
$0.00
APR
0.00%
Total Interest
$0.00
Total Payments
$0.00
Estimated Monthly Difference $0.00
Loan Term 0 months

This calculator provides estimates for comparison purposes only. Actual loan payments, rates, fees, taxes, and financing terms may vary. Results do not guarantee credit approval. Review your specific financing options before making a purchase or loan commitment.