Free calculator

Auto Loan Calculator

Built for car shoppers: factor in price, down payment, trade-in value, and sales tax to see the real monthly payment and total interest on your auto loan.

Vehicle price

Out-the-door price before tax.

Down payment

Trade-in value

Most states only tax the difference between sale price and trade-in.

Sales tax

APR

New-car loans currently average 7-9%; used-car APRs run 1-3% higher.

Loan term (months)

Monthly payment

$520

Loan principal

$30,080

Total interest

$7,366

Sales tax

$2,080

Total out-of-pocket

$41,446

Loan-to-value

94%

This calculator provides general loan projections only and is not individualized financial advice or a loan offer. Confirm actual APR, fees, and terms with your lender before borrowing.