Cash vs Loan
Enter the car price, your cash available, and loan terms.
Better option
Cash saves $0
Net worth after 5 years comparison
Loan monthly payment
$0
Total loan interest
$0
Cash scenario: invested cash value
$0
Loan scenario: net worth
$0
Cash scenario: net worth
$0
Difference
$0
Worked example
With the default inputs shown below, this calculator returns the following results:
| Input | Value |
|---|---|
| Car purchase price ($) | $35,000 |
| Cash available ($) | $35,000 |
| Loan interest rate (%) | 6.5% |
| Loan term (months) | 60 months |
| Investment return if investing cash (%) | 7% |
| Result | Value |
|---|---|
| Better option | Cash saves $34,697 |
| Loan monthly payment | $685 |
| Total loan interest | $6,089 |
| Cash scenario: invested cash value | $49,617 |
| Loan scenario: net worth | $14,617 |
| Cash scenario: net worth | $49,314 |
Values shown are produced by this page in your browser; change any input to update them.
How to use the Cash vs Loan
- Car purchase price ($) — default $35,000
- Cash available ($) — default $35,000
- Loan interest rate (%) — default 6.5%
- Loan term (months) — default 60 months
- Investment return if investing cash (%) — default 7%
- Press Calculate to update the results instantly.