Genisys Credit Union auto loan calculators are provided to help users determine the various auto financing options available to them, as well as work out details (such as payment plans, or how to increase savings) of existing loans. For an overview of the auto loans offered by Genisys, please click here to visit their auto financing webpage.
Rates
Actual loan rates depend on numerous factors, although representative rates for all loans offered by Genisys can be viewed here. Interested individuals should inquire at a branch location, or by phone (1-800-521-8440) to receive more detailed information.
Calculators
How to Calculate
Used to determine monthly auto loan payments, as well as the total purchase price of a vehicle. The following inputs are required:
- Select to calculate for (monthly payment, purchase price)
- Total cost of vehicle (prior to tax)
- Term length (months)
- Interest rate
- Cash down/rebates
- Trade allowance
- Amount owed on trade-in
- Non-taxable fees
- Taxable fees
- Sales tax rate
The calculator will automatically generate the results as the variables are altered/inputs are entered. The ‘Calculate’ or ‘View Report’ buttons can also be pressed.
Monthly Payments
This calculator compares between the costs of leasing and buying a vehicle. Enter/alter the following variables:
- Cost of vehicle
- Down payment amount
- Sales tax rate
- Investment rate of return
- Term length (months)
- Interest rate
- Other costs/fees
- Yearly depreciation
- Lease term length (months)
- Interest rate
- Other costs/fees
- Residual percentage rate
- Security deposit amount
Results will automatically update. Users can also click the ‘Calculate’ or ‘View Report’ buttons.
Leasing vs Buying
Can be used to determine whether or not financing a vehicle with a home equity loan is a good decision, based on the following inputs:
- Pre-tax purchase cost
- Term length (months)
- Interest rate for auto loan
- Interest rate for home equity loan
- Closing costs for home equity loan
- Federal tax rate
- State tax rate
- Cash down/rebates
- Trade allowance
- Amount owed on trade-in
- Other fees
- Sales tax rate
The results will automatically display as the variables are altered.
Home Equity Loan vs Auto Loan
Determines how much interest an individual might save if they increase their monthly payments on a loan, or make an additional (one-time) payment. Enter the following information:
- Months remaining in term
- Term length (months)
- Amount of auto loan
- Extra monthly payment(s)
- Yearly interest rate
Increased Payment Savings
