Car Title Loan Calculator

Use the Car Title Loan Calculator to calculate the costs of your Car Title Loan.

FTL Title Loans developed a car title loan calculator that provides detailed cost related data (instead of vehicle value). Use the calculator to find out the information needed to make a decision about a title loan.

How to use the Car Title Loan Calculator:

Our car title loan calculator is very simple. There are three simple steps.

Step 1: Enter the amount you plan on borrowing. Make sure that your vehicle value will support this loan amount. Not sure what your car is worth? Read our guide on how to get vehicle value for a car title loan.

Step 2: Enter the lien fees associated with the loan (if they are to be added to your loan, this is true for most title loans). The lien fee varies from state to state. The default is set at $20. Some states charge less, some charge more.

Step 3: Select the length of the loan in months. Then click “Calculate Loan”.

The Car Title Loan Calculator processes this information and provides you with a summary of costs and an estimated payment schedule.

Car Title Loan Calculator with numbers
The car title loan calculator provides full title loan cost details.

Car Title Loan Calculator Input:

Car Title Loan Amount: $
Lien Fee:
Loan Length in Months:
Calculate Loan:
Start Over

Title Loan Calculator Results:

Your Monthly Payment:
Monthly Rate:
Your APR:

Adjust the numbers in the title loan calculator until you come up with a monthly payment, total amount, and term that meets your needs. Once you have this, simply apply online.

Why do I need a Car Title Loan Calculator?

One of the biggest deciding factors when getting a car title loan is the cost. Many title loan companies make it difficult to find out both the cost of the loan and the interest rate.

FTL Title Loans understands the need to have car title loan cost information before making a decision. We developed our Car Title Loan Calculator to provide every visitor with the ability to calculate costs for car title loans. This lets you calculate the interest, fees, and payments for any car title loan amount.

Having his information is critical to being able to decide whether or not a car title loan is both affordable, and makes sense for your situation.

What is a Car Title Loan Calculator?

A car title loan calculator is a simple program that inputs the title loan amount and length, and then calculates and displays the car title loan cost related information.

The main use for the calculator is to help title loan customers determine the costs of a car title loan. Knowing the cost of the loan helps make a decision about whether or not the loan is affordable.

Car title loan calculators should have three inputs:

  1. Loan Amount
  2. Loan Length
  3. Fee Amounts

These three variables are used to generate an accurate monthly payment estimate and amortization schedule for any car title loan. Your vehicle’s value is important, but a car title loan calculator is not what you use to find your vehicle value. There are companies like Kelley Blue Book and NADA that specialize in providing vehicle value.

Car Title Loan Calculator Features and Benefits

Using the car title loan calculator helps provide insight into what title loans cost. This is a significant benefit as it allows you to plan ahead. This will help make an informed decision. Some additional features and benefits include:

  1. Ability to compare different loan amounts
  2. Compare different terms and associated monthly payments
  3. Find the ideal loan amount and term
  4. Estimate repayment time periods

Most title lenders quote their interest rates in monthly terms, so the title loan calculator is set up to input the monthly rate. It is important to understand the difference between the monthly rate and APR.

What about Single Payment Car Title Loans?

We also have a single payment title loan calculator. It calculates the cost, interest rate, payment amount, and due date for title loans that have one single payment. This is useful for residents of states that require single payment title loans. Many car title pawns are for 30 days with a single payment.

Which Calculator should I use?

As mentioned, the type of car title loan will depend on the state you live in. This map shows where title loans are permitted, and the following pages provide details on the length of loans in each state.

Monthly Payment Title Loan Calculator – Use this when you have a title loan with monthly installments.

Single Payment Title Loan Calculator – Use this when you have one single payment due at the end of the loan term (usually 30 days).

Calculating Online Title Loans

Online Car Title Loan Calculator
Use the Car Title Loan Calculator for Online Title Loans.

The calculator works the same for online title loans as for in person title loans. The process for calculating costs and estimates is the same. Use the car title loan calculator to find out how much an online title loan will cost.

For most online title loans use the monthly term loan calculator. Most online title loans have monthly payments. The title loan calculator will show you your online title loan estimate and payment schedule.