Auto Loan Calculator
Calculate your monthly car payment, total interest, and view a full repayment schedule. Includes sales tax and trade-in value.
Financial Disclaimer
This calculator is for educational purposes only and does not constitute financial advice. Results are estimates based on the inputs provided. Consult a qualified financial advisor before making investment or financial planning decisions.
Inputs
Upfront payment amount.
Annual interest rate as a percentage.
Length of the loan in the specified time unit.
Summary
Monthly Payment
$634.92
Total Cost Breakdown
Repayment Schedule
60 rows| Month | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $634.92 | $459.15 | $175.77 | $31,990.85 |
| 2 | $634.92 | $461.64 | $173.28 | $31,529.21 |
| 3 | $634.92 | $464.14 | $170.78 | $31,065.07 |
| 4 | $634.92 | $466.65 | $168.27 | $30,598.42 |
| 5 | $634.92 | $469.18 | $165.74 | $30,129.24 |
| 6 | $634.92 | $471.72 | $163.20 | $29,657.52 |
| 7 | $634.92 | $474.28 | $160.64 | $29,183.24 |
| 8 | $634.92 | $476.85 | $158.08 | $28,706.40 |
| 9 | $634.92 | $479.43 | $155.49 | $28,226.97 |
| 10 | $634.92 | $482.03 | $152.90 | $27,744.94 |
| 11 | $634.92 | $484.64 | $150.29 | $27,260.31 |
| 12 | $634.92 | $487.26 | $147.66 | $26,773.05 |
How to Use This Calculator
- Enter the vehicle price and your down payment amount.
- Add any trade-in value to reduce the loan amount.
- Set the interest rate and loan term — typical auto loans range from 36 to 72 months.
- Enter your local sales tax rate to include it in the total cost.
- Review the monthly payment, total amount paid, and total interest to compare different loan scenarios.
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