Consumers with questionable credit can use the auto loan calculators for everything from computing monthly car payments to determining if they qualify for higher risk car loans
Understanding Car Loan Calculators
What we know

Here at Auto Credit Express we've spent the past two decades helping car shoppers with bad credit that are looking for online car loans locate those dealers where they more often than not will find their best chances for car loan approvals.

So from the get-go we wanted our website be more than just a place where consumers with problem credit could fill out a car loan application.

A big reason for this is that consumers need to know if they meet the basic requirements for a loan before submitting an application – so they don't waste their own time of that of the car dealer.

The result is that our website includes a number of useful car loan calculators. By using them, car buyers can quickly determine not only if they qualify for a loan but also what their budget for a vehicle might be.

Auto loan calculators

While an applicant's FICO scores will determine the type of car loan they need to apply for, their income as compared to their expenses will determine whether they'll even qualify for a loan. It will also determine, if they are approved, the payment range where they'll probably be placed.

Once this is determined, these calculators can also be used to estimate the vehicle price range they'll be assigned. And while every car loan site features an application for auto credit, only a few, such as the one at, will help buyers understand the ins and outs of the high risk auto loan process.

How our loan calculators work

(Quick tip: opening in a second browser window will allow you to do everything while following these directions.)

Step A
If your credit scores are above a 640 FICO, this step can be skipped. If they aren't, click on the RESOURCES button either at the top of the home page or in the left-hand column. This will take you to the Auto Loans Resource Center. Here you can read and view a series of articles and videos on subjects such as BHPH dealers while learning about the subprime car loan process.

Step B
Once you're familiar with how subprime lending works, go back to the RESOURCES page and click on the Loan Estimate Worksheet link. It's located just below the Loan & Down Payment Estimator header and will take you to a worksheet.

Begin with the Income Factor section. Once you've filled it out, move on to the Debt Factor section and list your monthly expenses.

After you've finished entering the information you should know your available monthly income as well as have a rough estimate of the maximum loan amount you might qualify for.

While you're visiting the Resource section you can also research your credit profile and calculate a home equity loan versus an auto loan. You'll also be able compare the total interest you'll pay with different loan terms by using the Auto Loan Early Payoff calculator.

Once you've finished, you're probably ready to take the next step.

Our job

There's no time like the present to begin the credit repair process and reestablishing your auto credit. Auto Credit Express matches people with auto credit difficulties to those new car dealers that can offer them their best chances for approved car loans.

So if you're ready to reestablish your car credit, you can begin now by filling out our online car loan application.