Loan 101: Do you know what loan best fits your goals? 

Let State Farm® guide you through different types of loans, like auto loans, mortgages and consolidation loans with scenarios to better understand the basics.

Articles about auto loans

Car loan basics you need to know

Understanding a few key basics may help you make a good decision about borrowing money to finance a vehicle.

Calculate the best choice: New car rebate or special financing

Is it the best move to go with the special dealer financing? This online tool can help you find out.

Tips to help decide which auto loan might be the better deal

Purchasing a car? Here's a car loan calculator to help you compare and decide which loan may be best for you.

Articles about mortgages

First time home buyer guide

Buying a home for the first time can be daunting. It may be helpful to review some key considerations as you prepare for this important moment.

What to consider before refinancing your home

Refinancing a home or mortgage has costs and fees associated with it that can add up depending on the loan amount, property location and other factors.

Reasons your mortgage was declined

The path to getting a mortgage isn't always a straight line.

Budget breakdown

You can have a budget — and still live the life you want to live. Budgeting is a simple and reliable resource for shedding unwanted debt, reaching financial goals, living a healthier financial lifestyle and maintaining true financial wellness.

Compare different types of mortgages

Knowing the different types of mortgages can be confusing. Learn the different mortgage types and determine what may work best for you.

General articles about loans

Should you refinance student loans?

Student loan debt isn't uncommon, but there are ways to lighten your load. Here's what to know about student loan consolidation.

When does it make sense to get a loan?

Read about loan types, instances where you may want to borrow money and additional information to help make an informed decision if you decide to take out a loan.

What to know about co-signing a loan

Let us help you realize the financial responsibility you're taking on before co-signing a loan.

How to pay off student loans quickly

Learn ways to make repaying student loans more manageable.

What is public service loan forgiveness?

If you enter public service, you may qualify to have part of your school loan waived.

How to get out of debt

Learn more about the strategies to find the right option for you.

Financial wellness tips to help improve your financial future

Get ahead and learn how to improve financial wellness through simple spending, saving and budgeting tips.

Smart financial goals to set while you're still young

Start with planning and resolutions, then take gradual steps toward later rewards.

Loan calculators

Calculate loan and line of credit monthly payments

This online tool offers insight into the monthly amounts that will be due on your loan.

To consolidate debt, first calculate the loan you need

It's easier to conquer debt when you streamline multiple payments into one place.

The information in this article was obtained from various sources not associated with State Farm® (including State Farm Mutual Automobile Insurance Company and its subsidiaries and affiliates). While we believe it to be reliable and accurate, we do not warrant the accuracy or reliability of the information. State Farm is not responsible for, and does not endorse or approve, either implicitly or explicitly, the content of any third party sites that might be hyperlinked from this page. The information is not intended to replace manuals, instructions or information provided by a manufacturer or the advice of a qualified professional, or to affect coverage under any applicable insurance policy. These suggestions are not a complete list of every loss control measure. State Farm makes no guarantees of results from use of this information.