Finance

Know your payment before you visit.

Run the numbers on a loan or a lease, see what you can afford and get pre-qualified in two minutes. No Social Security number, no card details and no effect on your credit.

Calculators work on any car

Rates by credit tier

Reviewed by a Driveway dealer

Loan calculator

Your monthly payment, line by line

Set the price, down payment, trade-in, term and your credit tier. The payment, the donut and the amortisation table update as you type.

Trade-in Get an instant estimate
Estimated credit score
Loan term

Estimated monthly payment

$644/mo

6.9% APR · 72 months

6.9%72 mo
  • Vehicle price76%$38,000
  • Tax & fees7%$3,695
  • Interest17%$8,491
Amount financed
$37,895
Total of payments
$46,386
Total cost incl. interest
$50,186
Cash due at signing
$3,800
Get pre-qualified

Amortization scheduleSee where every payment goes
YearPaymentsPrincipalInterestBalance
Year 1$7,731$5,281$2,450$32,614
Year 2$7,731$5,657$2,074$26,956
Year 3$7,731$6,060$1,671$20,896
Year 4$7,731$6,492$1,239$14,404
Year 5$7,731$6,954$777$7,450
Year 6$7,731$7,450$281$0

Estimate only — not a loan offer or a commitment to lend. Sales tax is applied to the vehicle price; your rate, taxes and fees depend on your credit, your state and the lender, who will confirm the final figures.

Lease calculator

Leasing, explained on one screen

Lower monthly payments, a new car every few years and a mileage allowance. Change the term, the miles and the money down to see the trade-off.

Lease term
Miles per year
Adjusted for term and miles: 58%
≈ 6% APR

Estimated monthly payment

$590/mo

36 months · 10,000 mi/yr · $3,175 due at signing

  • Depreciation67%$393
  • Finance charge25%$146
  • Sales tax9%$51
Due at signing
$3,175
Capitalized cost
$36,195
Residual value
$22,040
Total of payments
$21,239
Total lease cost
$23,824
Effective cost per month
$662
Get pre-qualified

Estimate only — not a lease offer. Monthly payment = (cap cost − residual) ÷ term + (cap cost + residual) × money factor, plus sales tax on the payment. Residual value adjusts for term and mileage; excess-mileage, disposition and registration fees are not included. Availability and final terms depend on the lessor.

Affordability

Start from your budget, not the sticker

Tell us the monthly payment you are comfortable with and we work backwards to the most car you can buy, then show you the cars.

Estimated credit score
Loan term

You can afford a car up to

$38,400

6.9% APR · 72 months

Monthly payment
$650/mo
Amount financed
$38,233
Total interest
$8,567
Suggested gross income
$4,333/mo

Includes sales tax and dealer fees. A common rule of thumb keeps the payment under about 15% of your gross monthly income.

Show cars in my budget

Estimate only — not a loan offer. The maximum price assumes your tax and fees are financed. The inventory link filters by this price; rates and approval depend on your credit and the lender.

Credit tiers

How your credit tier moves the rate

Lenders group applicants into tiers by credit score. Knowing yours tells you which rate to expect before you apply.

740 and above

Excellent

The lowest advertised rates and the widest choice of terms. Lenders compete for you.

670 to 739

Good

Competitive rates on almost every car. This is where most buyers land.

580 to 669

Fair

Higher rates, but approvals are common. A larger down payment or a co-signer helps.

Below 580

Rebuilding

Specialist lenders and shorter terms. A trade-in or a down payment makes approval easier.

The calculators use the tier you choose to estimate the rate. Your actual rate comes from the lender after a full application and depends on the car, the term and your history.

Pre-qualification

Your options, before you apply

Share your budget, employment and credit tier. We never ask for a Social Security number, a birth date or card details, and a pre-qualification does not affect your credit score.

Finance with confidence

Get pre-qualified in minutes

Tell us a little about your situation and a finance specialist will come back with options and estimated payments — no credit check, no obligation.

  • No impact on your credit scoreThis is a pre-qualification request, not a credit application. We never run a hard check from this form.
  • A real reply within one business dayA finance specialist reviews your request and contacts you — no auto-dialers.
  • Every credit story is welcomeFrom excellent credit to rebuilding, we look for the lender that fits.
The car
Your finances
A rough guess is fine — you can check yours free at annualcreditreport.com.
How can we reach you?

Your privacy This form never asks for your Social Security number, date of birth or card details — please do not type them anywhere. It is a soft pre-qualification request: it is not a credit application and does not affect your credit score. A lender may ask for more information later through its own secure application.

Questions

Financing, answered

Does pre-qualifying affect my credit score?

No. Pre-qualification on Driveway uses the details you give us (income band, employment and your own credit tier). It does not pull your credit report, so your score is untouched.

What is the difference between a loan and a lease?

A loan builds ownership: each payment goes toward a car that is yours at the end. A lease is a long rental with a lower payment, a mileage allowance and a fixed end date. The calculators above show both for the same car.

How much should I put down?

Ten percent is a common starting point because it keeps you from owing more than the car is worth. A larger down payment lowers the payment and the total interest; the calculator shows exactly how much.

Can I finance if my credit is not great?

Often, yes. Lenders work with every credit tier; the rate is higher for a lower tier. A bigger down payment, a trade-in or a co-signer can improve your options.

Are taxes and fees included in the payment?

The loan calculator adds sales tax and the dealer documentation fee to the amount financed, and shows them as separate lines so you can see where every dollar goes.

Can I use my current car as a down payment?

Yes. Enter its value as a trade-in (or get an instant range on the trade-in page), and add any balance you still owe. The trade-in value reduces the amount you finance.

Ready to shop?

See the cars that fit your payment.

Set a monthly budget on the map search and every car is priced the way you pay for it: per month.

2 minutes

To get pre-qualified

Any car

The calculators work on every listing

No SSN

Never asked, never stored