Auto Loan Calculator
Effortlessly calculate your monthly car payments, total cost, and amortization schedule. Detailed, printable, and SEO optimized.
Monthly Payment
$0.00
- Total Loan Amount: $0.00
- Sale Tax: $0.00
- Upfront Payment: $0.00
- Total of Loan Payments: $0.00
- Total Loan Interest: $0.00
- Total Cost (price, interest, tax, fees): $0.00
The Auto Loan Calculator is for car purchases in the U.S. and globally with local adjustments. Use it to determine monthly payments, total loan cost, a year-by-year amortization schedule, and more.
How the Auto Loan Calculator Works
This tool factors in:
- Vehicle price, taxes, trade-in, down payment, and fees
- Repayment schedule and total cost over time
- Amortization – see how much goes to principal vs. interest each year
Auto Loan Guidance & Tips
- Negotiate well: Shop with dealers and lenders for best rates & incentives.
- Check credit: Better credit usually means lower interest rates and total costs.
- Weigh cash rebates vs. low interest offers: Some manufacturers incentivize new buyers. Compare offers for best total costs.
- Consider early payoff: You can save on interest by paying off loans early (check lender rules for penalties).
- Explore all options: Sometimes, buying late-model used vehicles or paying all-cash is more cost effective.
Auto Loan Terms Explained
- Sales tax, title, registration, fees: These may be included in your financed amount or paid upfront.
- Trade-in Value: Reduces taxable price. Some regions don’t give sales tax credit for trade-ins.
- Total cost: Includes every payment, fee, and interest for your full loan.
Disclaimer: This calculator is for educational purposes only. Please consult a financial advisor or lender for specific advice on your financial situation.