Capital One Auto Finance Tip: With so many different auto financing calculators available online it can sometimes be difficult to decide which one to use. The truth is that most auto financing calculators are the same, and give people the same information. This means that an auto financing calculator on a complicated financial website will more than likely give the very same information as a calculator on a lender's website. There are variations on auto loan calculators. Some will automatically input an annual percentage rate (APR) into the calculation while others allow the user to manually input the APR.

Your best bet is to start with the calculator offered by the lender you plan on using for your auto loan. If you haven't yet decided on a lender, you can either use the calculator provided by the bank you currently do business with, or you can instead head to a financial website like BankRate.com and use the loan calculator there. Although loan calculators are designed only to give estimates of future car payments, the information they produce is fairly accurate and can be a valuable tool when planning your next auto purchase.

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