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Calcimator

Car Loan Calculator

Calculate monthly car payments including down payment, trade-in, sales tax, and total interest over the loan term.

Inputs

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%
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Results

Monthly Payment

$634.92

Loan Amount$32,450
Total Paid$38,095.29
Total Interest$5,645.29
Sales Tax$2,450

Monthly Payment

$634.92

How to Use This Calculator
  1. Start by filling in the input fields below. Results update instantly as you type, so you can experiment with different values to see how they affect the outcome.
  2. Vehicle Price — enter a dollar amount. Accepts values from $1,000 to $200,000 (default: $35,000).
  3. Down Payment — Upfront payment amount. Accepts values from $0 to $100,000 (default: $5,000).
  4. Trade-In Value — enter a dollar amount. Accepts values from $0 to $100,000 (default: $0).
  5. Interest Rate (APR) — Annual interest rate as a percentage. Accepts values from 0 % to 25 % (default: 6.5 %).
  6. Loan Term — Length of the loan in the specified time unit. Choose from: 24 months, 36 months, 48 months, 60 months, 72 months, 84 months. default: 60 months.
  7. Sales Tax Rate — enter a percentage value. Accepts values from 0 % to 15 % (default: 7 %).
  8. Once all inputs are set, review your results in the Results panel. Here's what each output means:
  9. Monthly Payment — shown as a dollar amount. This is the primary result of this calculator.
  10. Loan Amount — shown as a dollar amount.
  11. Total Paid — shown as a dollar amount.
  12. Total Interest — shown as a dollar amount.
  13. Sales Tax — shown as a dollar amount.
  14. Scroll down to explore 2 charts (Loan Balance Over Time, Total Cost Breakdown) for a visual breakdown of the data.
  15. Explore the related calculators below if you need deeper analysis or want to approach this topic from a different angle.
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