Auto Loan Calculator

Calculate your monthly car payments, total interest costs, and create an amortization schedule for your auto loan.

Reviewed August 29, 2026 · Calculation methodology · Inputs stay in your browser

Vehicle Price ($) Enter the total price of the vehicle.

Down Payment ($) Enter your down payment amount (if any).

Trade-in Value ($) Enter the value of your trade-in vehicle (if any).

Interest Rate (%) Enter the annual interest rate for the loan.

Loan Term (years) Select the length of your loan term.

Sales Tax Rate (%) Enter the sales tax rate (if applicable).

Auto Financing Tips

Shop around for the best interest rates. Even a 1% difference can save you hundreds or thousands over the life of the loan.
Consider a larger down payment to reduce your monthly payments and total interest costs.
Shorter loan terms typically have lower interest rates but higher monthly payments.
Be aware of additional costs like insurance, maintenance, and fuel when budgeting for a new vehicle.
Check if you qualify for special financing rates through manufacturer promotions or credit union memberships.