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Cash Back or Low Interest Calculator

Compare total financing costs for a cash-back incentive versus a lower-interest offer.

How It Works

Cash-back offer finances price−cash back at its quoted APR; low-rate offer finances the full price. Both use the same fixed monthly term and omit other fees.

Reference Sources

FAQs

How does this calculator work?

Cash-back offer finances price−cash back at its quoted APR; low-rate offer finances the full price. Both use the same fixed monthly term and omit other fees.

What assumptions should I check?

Check the units and definitions shown beside each input. Results use the values you enter.