Down Payment: This is how much cash you pay upfront for your car and is calculated as a percentage of the overall price of the car. Generally, the higher the down payment, the lower your monthly payments will be.

Interest Rate: Also known as the A.P.R. (Annual Percentage Rate), the interest rate is the money you pay a lender to borrow their money. Your credit score, the current market rate, the loan term, and the size of your loan impact your interest rate. The lower the interest rate, the lower your monthly payment.

Loan Term: This is how frequently and long you will be paying your loan. Typical loan terms consist of monthly payments made for 3-5 years. The longer your loan terms, the lower your monthly payment will be.

After you’ve honed your focus on that new Mazda3, Mazda CX-5 or Mazda Miata and reached out for a test drive, it’s wise to touch base with one of our Mazda financing professionals. We are here to help drivers near Milwaukee, WI find the most cost-effective financial tool to finance the Mazda cars and SUVs of their dreams. Do you need help deciphering the difference between the terms of a Mazda lease and a Mazda loan?  Our auto financing team will analyze your credit score and monthly car payment goals, and work with our auto sales team to help you find a Mazda that is best for you. Take advantage of additional savings when you explore our vehicle trade-in program. Get in touch with Hall Mazda near Milwaukee, WI today and start your Mazda financing process.