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Rod Shop, Inc.
1145 East Main Street
Salem, Virginia 24153

(540) 387-3700

   
 

Loan Calculator

To calculate your monthly car payment, follow these steps:

  • Enter Sales Price of the vehicle.

  • Enter the number of months you wish to finance

  • Enter the interest rate.

  • Enter the total of Down Payment + Trade In Value - Trade In Payoff amount.
    Down Payments are always 20% of Sales Price

  • Click on the "Do the Math" button and the estimated monthly payment will appear.

Loan Payment Calculator
Sales Price

No. of Months

Interest Rate

Down Payment
and Trade In
Est. Monthly
Payment
30 Months

36 Months

42 Months

                 

The figures entered into this calculator are for hypothetical purposes only. You should enter figures that are appropriate to your individual situation. The results provided by this calculator are intended for illustrative purposes only and accuracy is not guaranteed. Rod Shop Inc. and its affiliates are not tax or legal advisers. This calculator is not intended to offer any tax, legal, financial or investment advice and does not assure the availability of or your eligibility for any specific product offered by any institution, nor does this calculator predict or guarantee the actual results of any investment product. The terms and conditions of products offered by institutions will differ and may affect the results of the calculator. Please consult with qualified professionals to discuss your situation.

 
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