Financing
Amount financed
The amount financed is the principal you are borrowing — typically the out-the-door price minus your down payment and any trade-in credit, plus any trade-in payoff. It is the base on which interest is calculated. Details may vary by lender and transaction.
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Lotly provides educational information, document organization, calculations, and negotiation-drafting assistance. It is not legal, tax, investment, financial, credit, or lending advice. We do not determine whether any charge is lawful or whether any offer is appropriate for you. Confirm all vehicle condition, availability, incentives, fees, financing, lease terms, and contract documents directly with the dealer and relevant professionals before signing.