Our Mission
Auto financing is one of the largest recurring monthly expenses most households carry, yet the actual mechanics behind a car payment — credit tier pricing, amortization, negative equity rollover, lease money factors — are rarely explained clearly before a buyer sits down at a finance desk. AutoLoanIQ was built to close that gap with a small set of precise, transparent calculators rather than one generic "car payment" tool that blurs these mechanics together.
What Makes These Calculators Different
Each tool on this site is scoped narrowly around a single decision point in the car-buying process: the credit-tier pricing subprime borrowers face, the cost of rolling over an underwater trade-in, and the true side-by-side cost of leasing versus buying. Every calculation uses the same standard amortization and lease-accounting formulas lenders and leasing companies use internally, so the numbers shown here are directly comparable to a real offer once you have one in hand — not a simplified approximation.
Who This Site Is For
- Buyers with a credit score below 660 trying to understand realistic subprime pricing before applying anywhere.
- Buyers trading in a vehicle they still owe money on, who want to see the true cost of rolling that balance forward.
- Buyers deciding between a lease and a loan who want an honest cost comparison rather than a sales pitch.
What AutoLoanIQ Is Not
AutoLoanIQ is not a lender, broker, or credit repair service, and we do not collect loan applications or sell financial products. Every calculator produces educational estimates only, based on the figures you enter and general market rate assumptions. Actual offers from any lender or leasing company will depend on a full credit review, vehicle-specific pricing, and terms set entirely by that lender — always compare our estimates against a real, itemized offer before signing.
How We Keep This Free
AutoLoanIQ is supported by standard on-site advertising, which allows every calculator to remain free and available without a signup or paywall. We do not sell visitor data, and calculator inputs are stored only in your own browser, never on our servers — see our Privacy Policy for full details.
Questions or Feedback
If you notice something that looks off in a calculation, or have a suggestion for another tool that would help buyers make better financing decisions, we'd like to hear about it — reach out through our Contact page.