Title Loan Calculator
Estimate your potential loan amount and monthly payments. This calculator provides estimates only — actual terms will vary by lender.
Vehicle Information
Loan Amount
Most lenders offer 25-50% of your vehicle's value.
Payment Estimate
Affordability Check
Payment Summary
Select your vehicle information to see estimated payments.
Understanding Title Loan Costs
What is APR?
APR (Annual Percentage Rate) represents the yearly cost of borrowing, including interest and fees. Title loans typically have APRs between 100% and 300%, which is significantly higher than traditional loans. A 150% APR means you'd pay $150 in interest for every $100 borrowed over a year.
Why are title loan rates so high?
Title loans are considered high-risk lending because they're typically provided to borrowers with poor credit or financial difficulties. The high rates compensate lenders for this risk. This is why title loans should only be considered when other options aren't available.
What affects my loan amount?
Lenders typically offer 25-50% of your vehicle's wholesale value. Factors include: vehicle age, make, model, mileage, condition, and local market values. Newer vehicles in good condition typically qualify for higher loan amounts.
Before You Borrow
- ✓Consider if you truly need the loan and can afford payments
- ✓Explore alternatives: personal loans, credit unions, family help
- ✓Only borrow what you need and can realistically repay
- ✓Compare offers from multiple lenders
- ✓Read all terms carefully before signing
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