Buyer worksheet
Line up quotes you have already received.
You enter your own quotes. This tool does not fetch, predict, or endorse any provider's rate or terms.
Swipe to compare total cost across quotes →
| Quote | Amount financed | Monthly payment | Total of payments | Total interest | Total cost (with cash down) |
|---|---|---|---|---|---|
| Quote A | $80,250 | $1,599 | $95,912 | $15,662 | $115,912 |
| Quote B | $80,000 | $1,364 | $98,175 | $18,175 | $118,175 |
Lowest modeled total cost: Quote A, about $2,263 below the highest quote here. Confirm every figure and any fee not entered above with the provider.
Planning math only, using your entries. Equal monthly payments are assumed. A quote can still differ in payment timing, insurance, prepayment terms, variable-rate resets, or fees not shown here. This worksheet is not an application, an offer, an approval, or advice, and it is not affiliated with any listed provider. Percentages entered as annual rates: Quote A 7.25%, Quote B 6.99%.
Record the same fields for every quote
Make the quotes comparable before you compare them.
Two quotes are only comparable when you record the same fields for each. A promotional rate may apply to a different price, a lower rate may carry a documentation fee, and a longer term lowers the monthly payment while raising total interest. Capture each field below from the provider's own paperwork before entering it above.
| Field | What to record | Why it changes the comparison |
|---|---|---|
| Equipment price | The cash price this quote finances | A promotional rate may use a different price than a discounted one |
| Cash or trade at signing | Net cash plus trade equity due now | Changes the amount financed and the cash you keep |
| Fees added to the balance | Doc, filing, or origination charges financed | Raises the financed balance and total interest |
| Quoted annual rate | The exact rate the provider stated | Ask how it is calculated; do not assume every rate is figured the same way |
| Term | Number of months of payments | A longer term lowers the payment but usually raises total cost |
Worksheet questions
Use the totals to prepare questions, not to predict approval.
Whose rates does this worksheet use?
Only the rates you type in from quotes you have already received. This tool does not look up, predict, or publish any provider's rate, fee, or term, and it is not affiliated with any listed provider.
Why compare total cost instead of the lowest rate?
A lower stated rate can still cost more once fees, term length, and cash due at signing differ. Total cost adds the cash you put down to every scheduled payment, so two quotes become comparable on the same basis.
What does this worksheet not capture?
It assumes equal monthly payments and only uses the fields you enter. Payment timing, insurance requirements, prepayment terms, variable-rate resets, and fees you did not enter can change the real cost. Confirm those with each provider.
Is a result here an approval or an offer?
No. Nothing here is an application, a prequalification, an approval, an offer, or financial advice. It is arithmetic on numbers you supplied to help you prepare questions.