GAP Insurance Cost Calculator
Last updated: October 15, 2026
Estimate first-year loan-to-value gap exposure and compare it with the entered cost of GAP insurance coverage.
Starting figures illustrate this model. Enter your own measurements, quoted costs and applicable terms; this page does not retrieve live prices or provider rates.
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.
Read the complete guide
Updated reference sections in this guide are in English.
What this calculator estimates
Estimate first-year loan-to-value gap exposure and compare it with the entered cost of GAP insurance coverage.
How to use it
Enter Vehicle purchase price ($); Down payment and trade credit ($); Taxes and financed fees ($); Auto-loan APR (%); Loan term (months); Estimated first-year depreciation (%); Annual GAP insurance cost ($); Expected years of GAP coverage. Select Calculate to update the results.
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.
Worked example: starting scenario
| Vehicle purchase price ($) | 42000 |
|---|---|
| Down payment and trade credit ($) | 3000 |
| Taxes and financed fees ($) | 3500 |
| Auto-loan APR (%) | 7 |
| Loan term (months) | 72 |
| Estimated first-year depreciation (%) | 22 |
| Annual GAP insurance cost ($) | 180 |
| Expected years of GAP coverage | 3 |
| Estimated first-year GAP exposure | $3,832.87 |
|---|---|
| Estimated loan balance after 12 months | $36,592.87 |
| Estimated vehicle value after 12 months | $32,760.00 |
| Entered total GAP premiums | $540.00 |
| Exposure-to-premium ratio | 7.1× |
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.