About this tool
Estimate an auto loan payment, total interest, and amount financed.
This tool runs directly in your browser and requires no account.
FREE ONLINE TOOL
Car Loan Calculator
Estimate an auto loan payment, total interest, and amount financed.
Car Loan Calculator
How to use the Car Loan Calculator
Estimate a vehicle loan payment using purchase price, down payment, trade-in value, APR, and loan term. Compare different financing scenarios before shopping or negotiating.
How the calculation works
Amount financed is estimated from vehicle price minus down payment and trade-in. The monthly payment then uses a fixed-rate amortization formula.
Example / tip
Increasing your down payment lowers the amount financed. A shorter term often raises the monthly payment but can reduce total interest.
Frequently asked questions
Are sales tax and dealer fees included?
Not unless they are already included in the vehicle price you enter.
Does a trade-in reduce the loan amount?
This calculator subtracts the trade-in amount entered from the estimated amount financed.
Is this an exact lender payment?
No. Actual financing can include taxes, fees, add-ons, lender terms, and other charges.