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Auto Loan Calculator

Estimate a vehicle loan payment and total financing cost.

Press Calculate, or Enter in any field.

$35,000 vehicle

Finance after a $5,000 down payment at 6% APR.

Monthly payment

$637.02

Amount financed
$32,950.00
Base payment
$637.02
Total interest
$5,270.95
Total repayment
$38,220.95
Payoff time
60 months
Estimated total vehicle cost
$43,220.95

Balance over time

Payment schedule
PaymentAmountPrincipalInterestBalance
1$637.02$472.27$164.75$32,477.73
2$637.02$474.63$162.39$32,003.11
3$637.02$477.00$160.02$31,526.11
4$637.02$479.39$157.63$31,046.72
5$637.02$481.78$155.23$30,564.94
6$637.02$484.19$152.82$30,080.75
7$637.02$486.61$150.40$29,594.14
8$637.02$489.05$147.97$29,105.09
9$637.02$491.49$145.53$28,613.60
10$637.02$493.95$143.07$28,119.65
11$637.02$496.42$140.60$27,623.24
12$637.02$498.90$138.12$27,124.34
13$637.02$501.39$135.62$26,622.94
14$637.02$503.90$133.11$26,119.04
15$637.02$506.42$130.60$25,612.62
16$637.02$508.95$128.06$25,103.67
17$637.02$511.50$125.52$24,592.17
18$637.02$514.05$122.96$24,078.11
19$637.02$516.63$120.39$23,561.49
20$637.02$519.21$117.81$23,042.28
21$637.02$521.80$115.21$22,520.48
22$637.02$524.41$112.60$21,996.06
23$637.02$527.04$109.98$21,469.03
24$637.02$529.67$107.35$20,939.36
25$637.02$532.32$104.70$20,407.04
26$637.02$534.98$102.04$19,872.06
27$637.02$537.66$99.36$19,334.40
28$637.02$540.34$96.67$18,794.06
29$637.02$543.05$93.97$18,251.01
30$637.02$545.76$91.26$17,705.25
31$637.02$548.49$88.53$17,156.76
32$637.02$551.23$85.78$16,605.53
33$637.02$553.99$83.03$16,051.54
34$637.02$556.76$80.26$15,494.78
35$637.02$559.54$77.47$14,935.24
36$637.02$562.34$74.68$14,372.90
37$637.02$565.15$71.86$13,807.75
38$637.02$567.98$69.04$13,239.77
39$637.02$570.82$66.20$12,668.96
40$637.02$573.67$63.34$12,095.29
41$637.02$576.54$60.48$11,518.75
42$637.02$579.42$57.59$10,939.32
43$637.02$582.32$54.70$10,357.01
44$637.02$585.23$51.79$9,771.77
45$637.02$588.16$48.86$9,183.62
46$637.02$591.10$45.92$8,592.52
47$637.02$594.05$42.96$7,998.47
48$637.02$597.02$39.99$7,401.44
49$637.02$600.01$37.01$6,801.43
50$637.02$603.01$34.01$6,198.43
51$637.02$606.02$30.99$5,592.40
52$637.02$609.05$27.96$4,983.35
53$637.02$612.10$24.92$4,371.25
54$637.02$615.16$21.86$3,756.09
55$637.02$618.24$18.78$3,137.85
56$637.02$621.33$15.69$2,516.53
57$637.02$624.43$12.58$1,892.10
58$637.02$627.56$9.46$1,264.54
59$637.02$630.69$6.32$633.85
60$637.02$633.85$3.17$0.00

Results are estimates for informational purposes only and are not financial advice.

What this calculator does

Include vehicle price, trade-in, down payment, sales tax, fees, APR, and term.

Inputs and what they mean

Vehicle price
number value.
Down payment
number value.
Trade-in value
number value.
Sales tax rate
number value.
Fees
number value.
APR
number value.
Duration
number value.

How to use it

  1. Enter the values for your estimate.
  2. Adjust the rate, duration, and optional scenario inputs.
  3. Review the totals, comparison, chart, and schedule where available.

Formula

Amount financed = price + estimated tax + fees − down payment − trade-in. The monthly payment uses fixed-loan amortization.

Worked example

$35,000 vehicle

Finance after a $5,000 down payment at 6% APR.

Reading the result

The headline figure is the main answer. Any breakdown underneath shows the parts that make it up, so you can check the working and see what changes when you adjust an input.

Limitations and assumptions

Results are estimates for informational purposes only and are not financial advice.

Common questions

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