Loan/Lease Payoff vs. ACV Gap Calculator
Enter your loan or lease payoff amount and your total-loss settlement amount to see the exact dollar gap between them — then check it against the common GAP-exclusion categories from the companion guide before you assume GAP insurance will cover it.
- Free — no login or email
- Every step of the math is shown
- Nothing you enter is sent to a server
Check Your Gap
Please fix the following before continuing
Your Gap Check
Common GAP exclusions to check against your own certificate
- Past-due payments or late fees on your loan before the loss.
- Extended warranties, credit insurance, or other add-on products rolled into the same loan.
- Your auto insurance deductible — some GAP products cover it, many don't.
- Negative equity already rolled over from a previous loan or trade-in, in some policies.
- Any amount above the policy's own coverage cap or loan-to-value limit, if it has one.
This is a general pattern across GAP products, not your policy's actual terms — the only way to know what's covered is to read your specific GAP certificate or lease agreement.
Methodology version 1.0 — last reviewed 2026-08-14.
Consumer Financial Protection Bureau (CFPB), "What is Guaranteed Asset Protection (GAP) insurance?", last reviewed March 8, 2024 — same primary federal source cited in the companion guide.
Frequently Asked Questions
Is this the same as the Settlement Check Breakdown calculator?
No. That tool shows how your ACV becomes a check amount — ACV minus deductible, minus any liens. This tool takes the next step: it compares that settlement number to what you still owe your lender, so you know whether a gap exists at all before checking your GAP certificate.
Does this tool tell me if GAP insurance will cover my shortfall?
No, and it can't — whether GAP pays, and how much, depends entirely on your specific certificate's terms and exclusions, which this site has no way to know. This tool only computes the raw dollar gap and shows you the common exclusion categories to check your own paperwork against.
What if the settlement is bigger than my payoff?
Then there's no gap — you'd actually have equity left over after paying off the loan or lease, not a shortfall. The tool will tell you this directly rather than showing a confusing negative number.
Where does the exclusions checklist come from?
The same list published in What Happens to Your Loan or Lease After a Total Loss (GAP Insurance Explained), sourced from the Consumer Financial Protection Bureau. It describes common patterns across GAP products generally, not your specific policy's actual terms.
Is anything I type sent to a server?
No. Every number you enter stays in your browser and is never transmitted to or stored on any server operated by this site.