Negative Equity Trade-In Visualizer
Understand how being "underwater" on your current loan impacts your next vehicle purchase.
Trade-In Details
Your Equity Status
-$5,000
You owe more than the car is worth (Underwater).
Total New Loan Amount
$33,000
What you will actually finance.
Visualizing the Debt Rollover
Compare your current situation vs. the new loan.
Warning: Negative Equity Rollover
Rolling over $5,000 in negative equity means you are immediately underwater on your new car. Your new loan is $33,000, but the car is only worth $30,000. Gap insurance is highly recommended.
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