GAP Insurance Cost Calculator
Last updated: July 2026
Estimate first-year loan-to-value gap exposure and compare it with the entered cost of GAP insurance coverage.
Estimated first-year GAP exposure
—
- Estimated loan balance after 12 months: —
- Estimated vehicle value after 12 months: —
- Entered total GAP premiums: —
- Exposure-to-premium ratio: —
On this page
Quick summary: Estimate first-year loan-to-value gap exposure and compare it with the entered cost of GAP insurance coverage. Enter the requested values, calculate, review the result, and compare more than one realistic scenario before making a decision.
Read the complete guide
What this calculator estimates
Estimate first-year loan-to-value gap exposure and compare it with the entered cost of GAP insurance coverage. It is designed for fast planning and comparison in the United States. The output is an estimate, not a binding quote, approval, tax determination, insurance offer or professional recommendation.
How to use it
Enter the requested values using a single consistent time period and currency. Select Calculate, review the headline result and supporting figures, then change one assumption at a time to compare another scenario.
How the calculation works
The calculator amortizes the entered auto loan for 12 months and compares the estimated remaining balance with the vehicle value after entered depreciation.
Important limitations
GAP policies vary in exclusions, loan-to-value limits, deductibles, cancellations and coverage of taxes or add-ons. Vehicle values and claim settlements are uncertain.
Frequently asked questions
Is the result exact?
No. It is a planning estimate based on the assumptions entered.
Can I compare different scenarios?
Yes. Change one input at a time so you can see which assumption changes the result.
Does the calculator store my inputs?
The calculation runs in the browser and does not require an account. Avoid entering unnecessary confidential information.