Financial Calculators :: Should I use a home equity loan instead of an auto loan? ::

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Should I use a home equity loan instead of an auto loan?

Purchase price

Down payment

Loan term (months)

Auto loan interest rate

Home equity loan interest rate

Upfront costs: home equity loan

Your state + federal tax rate

Your savings rate

Predicted rate change

None

Increase .5% per year

Decrease .5% per year