Compare truck loan offers
Enter each offer exactly as the lender quotes it, including fees and any balloon or buyout at the end. The offer with the lowest cost of borrowing is marked.
Offer A
- Monthly payment
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- Total you pay
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- Cost of borrowing
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Offer B
- Monthly payment
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- Total you pay
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- Cost of borrowing
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Offer C
- Monthly payment
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- Total you pay
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- Cost of borrowing
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Free Truck Loan Readiness Kit
A printable checklist of everything lenders ask for, the 12 questions to ask every lender, and a worksheet to compare offers. Free, by email.
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Read next
- How to avoid semi truck financing scamsThe warning signs of fake lenders and bad deals, and how to protect yourself.
- Balloon payments on truck loans, explainedHow a balloon lowers your payment, and the risk it leaves at the end.
Common questions
Why compare total cost instead of the monthly payment?
A longer term or a balloon payment can make the monthly payment look small while you pay much more overall. The total cost of borrowing shows what each offer really costs you.
What's a balloon payment?
A large lump sum due at the end of a loan. It lowers the monthly payment, but you have to pay it, refinance it or sell the truck when it comes due.
More calculators
- $Semi truck loan calculatorYour monthly payment, total interest, cost per mile and payoff schedule.
- ?How much truck can I afford?Work backward from your revenue to a safe payment and truck price.
- ⇄Lease vs. buy calculatorCompare the real cost of leasing and financing the same truck.
- ✓Owner-operator startup costsAdd up everything you need before your first check arrives.
- ↑Down payment savings plannerSee how long it will take to save your down payment, and what it takes to get there sooner.
- %Factoring cost calculatorSee what factoring costs per load, per month and per year.
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Zoho
Business software for running your trucking company, from invoicing to keeping your books.Try ZohoAd
Roadside Masters
24/7 nationwide roadside assistance for trucks, so a breakdown doesn't leave you stuck.Sign up your truckAd
DAT Load Board
Find loads, check lane rates, and get 10% off a DAT load board subscription.Try DATAd
Truck Parking Club
Reserve a safe truck parking spot ahead of time, or earn money listing your own yard.Find parking