Calculate monthly payments, total interest, and total cost for your auto loan. Compare different terms and rates to find the best financing option.
Plan your vehicle purchase with precision by calculating monthly payments, total interest costs, and complete loan breakdown. Input loan amount, interest rate, and term to see your payment schedule and total cost.
Click on any example to load it into the calculator.
Financing a new vehicle with good credit and standard terms.
Loan Amount: $30000
Interest Rate: 4.5%
Loan Term: 5 years
Down Payment: $5000
Trade-in Value: $0
Sales Tax Rate: 7.5%
Financing a used vehicle with trade-in and higher interest rate.
Loan Amount: $18000
Interest Rate: 6.8%
Loan Term: 4 years
Down Payment: $2000
Trade-in Value: $3000
Sales Tax Rate: 6.25%
High-end vehicle purchase with substantial down payment.
Loan Amount: $55000
Interest Rate: 3.9%
Loan Term: 6 years
Down Payment: $15000
Trade-in Value: $8000
Sales Tax Rate: 8.5%
Affordable vehicle with minimal down payment and longer term.
Loan Amount: $12000
Interest Rate: 7.2%
Loan Term: 7 years
Down Payment: $1000
Trade-in Value: $0
Sales Tax Rate: 5%