{
  "id": "cash-back-or-low-interest-calculator",
  "version": "7.0.0",
  "name": "Cash Back vs Low Interest",
  "shortName": "Cash Back vs Low Interest",
  "description": "Compare a cash back rebate with a higher interest rate versus a lower interest rate with no rebate.",
  "category": "Finance",
  "categorySlug": "finance",
  "keywords": [
    "cash",
    "back",
    "or",
    "low",
    "interest"
  ],
  "status": "live",
  "workStatus": "pending",
  "reviewStatus": "pending",
  "migrationStatus": "migrated",
  "migratedDate": "2026-08-18",
  "engine": "legacy-react",
  "creator": null,
  "reviewer": null,
  "quality": {
    "availability": "live",
    "technicalReviewRecord": "/reviews/cash-back-or-low-interest-calculator.json",
    "qualifiedReview": "pending",
    "qualifiedReviewer": null,
    "qualifiedReviewDate": null,
    "formulaVersion": "7.0.0",
    "referenceCoverage": "references-pending",
    "releaseTestScope": "Catalog and regression checks are not a professional formula audit; consult release evidence.",
    "historicalMetadataDate": "2026-08-18",
    "historicalMetadataNotice": "The imported date is not evidence of a completed human review."
  },
  "urls": {
    "page": "/calculator/cash-back-or-low-interest-calculator/",
    "definition": "/calculator/cash-back-or-low-interest-calculator/definition.json",
    "schema": "/calculator/cash-back-or-low-interest-calculator/schema.json",
    "llms": "/calculator/cash-back-or-low-interest-calculator/llms.txt",
    "legacyDefinition": "/calculator/cash-back-or-low-interest-calculator.json"
  },
  "queryExample": "https://askcalculators.com/calculator/cash-back-or-low-interest-calculator/?price=35000&tradeIn=5000&term=60&cashBack=2500&highRate=6.5&lowRate=1.9",
  "queryParameters": {
    "price": {
      "label": "Vehicle Price",
      "type": "number",
      "required": false,
      "default": 35000
    },
    "tradeIn": {
      "label": "Trade-In / Down Payment",
      "type": "number",
      "required": false,
      "default": 5000
    },
    "term": {
      "label": "Loan Term (Months)",
      "type": "number",
      "required": false,
      "default": 60
    },
    "cashBack": {
      "label": "Cash Back Amount",
      "type": "number",
      "required": false,
      "default": 2500
    },
    "highRate": {
      "label": "Interest Rate",
      "type": "number",
      "required": false,
      "default": 6.5
    },
    "lowRate": {
      "label": "Low Interest Rate",
      "type": "number",
      "required": false,
      "default": 1.9
    }
  },
  "inputs": [
    {
      "id": "price",
      "label": "Vehicle Price",
      "type": "number",
      "defaultValue": 35000
    },
    {
      "id": "tradeIn",
      "label": "Trade-In / Down Payment",
      "type": "number",
      "defaultValue": 5000
    },
    {
      "id": "term",
      "label": "Loan Term (Months)",
      "type": "number",
      "defaultValue": 60
    },
    {
      "id": "cashBack",
      "label": "Cash Back Amount",
      "type": "number",
      "defaultValue": 2500
    },
    {
      "id": "highRate",
      "label": "Interest Rate",
      "type": "number",
      "defaultValue": 6.5
    },
    {
      "id": "lowRate",
      "label": "Low Interest Rate",
      "type": "number",
      "defaultValue": 1.9
    }
  ],
  "outputs": [
    {
      "id": "result",
      "label": "Result",
      "format": "text",
      "primary": true
    }
  ],
  "formula": {
    "expression": "Cash-back cost = price − rebate + financing interest; low-rate cost = price financed at the promotional APR; the lower total cost wins."
  },
  "examples": [
    {
      "label": "Reproducible default-input example (not a personal recommendation)",
      "inputs": {
        "price": 35000,
        "tradeIn": 5000,
        "term": 60,
        "cashBack": 2500,
        "highRate": 6.5,
        "lowRate": 1.9
      }
    }
  ],
  "sources": []
}