It’s simple! Just enter your desired loan amount, interest rate, and the loan term over which you intend to pay back the loan. Our motorcycle loan calculator will compute your estimated monthly payment based off your inputs.
It’s important to make sure that your new ride does not hurt your current financial situation, so remember to plug that monthly payment into your current budget. If you do find that the estimated motorcycle loan payment might make your finances tighter than anticipated, consider adjusting the loan amount and/or motorcycle loan term until you discover a payment you are comfortable with.
Don’t forget, if you do decide to extend your loan term, your monthly payments might be lower but you may find that the total amount of interest paid will increase over the life of your motorcycle loan.