About the auto loan calculator
A car loan payment depends on how much you finance, the interest rate, and the term. Enter the vehicle price, what you’re putting down, and the loan details to see the monthly payment and how much interest you’ll pay.
How to use this calculator
- Enter the vehicle price, down payment, and any trade-in.
- Add your sales tax rate and the APR.
- Choose a loan term.
Worked examples
- Tax = $1,920
- Financed = $29,920
- Payment ≈ $585.42
About $585 a month.
Measurement guidance
Comparing terms
Try 48, 60, and 72 months. Longer terms lower the payment but raise total interest, and you may owe more than the car is worth for longer.
Frequently asked questions
Does trade-in reduce sales tax?
In many US states yes, but not all. This calculator taxes the full price to be conservative.
Are fees included?
No — add dealer, title, and registration fees to the price if you plan to finance them.