Calculators/auto loan calculator

Auto Loan Calculator

Estimate your car payment, total interest, and payoff date with optional trade-in, fees, and sales tax. An auto loan calculator estimates your monthly payment and total cost based on a loan amount, APR, and term. You can optionally include trade-in value, an existing trade-in payoff, fees, and sales tax to estimate an “out-the-door” financed amount.

Inputs
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%
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Advanced (trade-in, tax, fees)
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%
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Summary

Amount financed$27,000.00
Monthly payment$528.29
Total interest$4,697.16
Total paid$31,697.16
Payoff dateDec 15, 2030
Includes optional sales tax ($0.00) and fees ($0.00) when provided.
Assumes a fixed rate for the full term.

Amortization schedule

#DatePaymentPrincipalInterestBalance
1Jan 2026$528.29$382.04$146.25$26,617.96
2Feb 2026$528.29$384.11$144.18$26,233.86
3Mar 2026$528.29$386.19$142.10$25,847.67
4Apr 2026$528.29$388.28$140.01$25,459.39
5May 2026$528.29$390.38$137.91$25,069.01
6Jun 2026$528.29$392.50$135.79$24,676.52
7Jul 2026$528.29$394.62$133.66$24,281.90
8Aug 2026$528.29$396.76$131.53$23,885.14
9Sep 2026$528.29$398.91$129.38$23,486.23
10Oct 2026$528.29$401.07$127.22$23,085.16
11Nov 2026$528.29$403.24$125.04$22,681.92
12Dec 2026$528.29$405.43$122.86$22,276.49
13Jan 2027$528.29$407.62$120.66$21,868.87
14Feb 2027$528.29$409.83$118.46$21,459.04
15Mar 2027$528.29$412.05$116.24$21,046.99
16Apr 2027$528.29$414.28$114.00$20,632.71
17May 2027$528.29$416.53$111.76$20,216.19
18Jun 2027$528.29$418.78$109.50$19,797.40
19Jul 2027$528.29$421.05$107.24$19,376.35
20Aug 2027$528.29$423.33$104.96$18,953.02
21Sep 2027$528.29$425.62$102.66$18,527.40
22Oct 2027$528.29$427.93$100.36$18,099.47
23Nov 2027$528.29$430.25$98.04$17,669.22
24Dec 2027$528.29$432.58$95.71$17,236.65
Show full schedule (60 rows)
#DatePaymentPrincipalInterestBalance
1Jan 2026$528.29$382.04$146.25$26,617.96
2Feb 2026$528.29$384.11$144.18$26,233.86
3Mar 2026$528.29$386.19$142.10$25,847.67
4Apr 2026$528.29$388.28$140.01$25,459.39
5May 2026$528.29$390.38$137.91$25,069.01
6Jun 2026$528.29$392.50$135.79$24,676.52
7Jul 2026$528.29$394.62$133.66$24,281.90
8Aug 2026$528.29$396.76$131.53$23,885.14
9Sep 2026$528.29$398.91$129.38$23,486.23
10Oct 2026$528.29$401.07$127.22$23,085.16
11Nov 2026$528.29$403.24$125.04$22,681.92
12Dec 2026$528.29$405.43$122.86$22,276.49
13Jan 2027$528.29$407.62$120.66$21,868.87
14Feb 2027$528.29$409.83$118.46$21,459.04
15Mar 2027$528.29$412.05$116.24$21,046.99
16Apr 2027$528.29$414.28$114.00$20,632.71
17May 2027$528.29$416.53$111.76$20,216.19
18Jun 2027$528.29$418.78$109.50$19,797.40
19Jul 2027$528.29$421.05$107.24$19,376.35
20Aug 2027$528.29$423.33$104.96$18,953.02
21Sep 2027$528.29$425.62$102.66$18,527.40
22Oct 2027$528.29$427.93$100.36$18,099.47
23Nov 2027$528.29$430.25$98.04$17,669.22
24Dec 2027$528.29$432.58$95.71$17,236.65
25Jan 2028$528.29$434.92$93.37$16,801.72
26Feb 2028$528.29$437.28$91.01$16,364.45
27Mar 2028$528.29$439.65$88.64$15,924.80
28Apr 2028$528.29$442.03$86.26$15,482.78
29May 2028$528.29$444.42$83.87$15,038.36
30Jun 2028$528.29$446.83$81.46$14,591.53
31Jul 2028$528.29$449.25$79.04$14,142.28
32Aug 2028$528.29$451.68$76.60$13,690.60
33Sep 2028$528.29$454.13$74.16$13,236.47
34Oct 2028$528.29$456.59$71.70$12,779.88
35Nov 2028$528.29$459.06$69.22$12,320.82
36Dec 2028$528.29$461.55$66.74$11,859.27
37Jan 2029$528.29$464.05$64.24$11,395.22
38Feb 2029$528.29$466.56$61.72$10,928.66
39Mar 2029$528.29$469.09$59.20$10,459.57
40Apr 2029$528.29$471.63$56.66$9,987.94
41May 2029$528.29$474.18$54.10$9,513.76
42Jun 2029$528.29$476.75$51.53$9,037.00
43Jul 2029$528.29$479.34$48.95$8,557.67
44Aug 2029$528.29$481.93$46.35$8,075.73
45Sep 2029$528.29$484.54$43.74$7,591.19
46Oct 2029$528.29$487.17$41.12$7,104.03
47Nov 2029$528.29$489.81$38.48$6,614.22
48Dec 2029$528.29$492.46$35.83$6,121.76
49Jan 2030$528.29$495.13$33.16$5,626.63
50Feb 2030$528.29$497.81$30.48$5,128.83
51Mar 2030$528.29$500.50$27.78$4,628.32
52Apr 2030$528.29$503.22$25.07$4,125.10
53May 2030$528.29$505.94$22.34$3,619.16
54Jun 2030$528.29$508.68$19.60$3,110.48
55Jul 2030$528.29$511.44$16.85$2,599.04
56Aug 2030$528.29$514.21$14.08$2,084.84
57Sep 2030$528.29$516.99$11.29$1,567.84
58Oct 2030$528.29$519.79$8.49$1,048.05
59Nov 2030$528.29$522.61$5.68$525.44
60Dec 2030$528.29$525.44$2.85$0.00

How to use it

  • Enter vehicle price, down payment, APR, and term (months).
  • Optionally enter trade-in value and any amount owed on the trade-in.
  • Optionally include sales tax rate and fees to estimate the financed principal.
  • Review the monthly payment, total interest, and amortization schedule.

Key formulas

Monthly payment (amortized loan)
Payment = P × r × (1 + r)^n / ((1 + r)^n − 1), where r = APR/12 and n = months

FAQ

Amount financed (principal) is the price plus taxes/fees minus down payment and trade-in credit, plus any negative equity if you owe more than the trade-in is worth.

Rules vary by state and locality. Some places tax the full price; others tax the price minus trade-in value. Use this tool for planning and confirm with your dealer and local rules.

Extra principal payments can reduce total interest and shorten the loan term. If available, compare scenarios by adding an extra monthly payment.

Quotes can include lender fees, exact first payment timing, rounding, and dealer-specific costs. Treat this calculator as an estimate.

Longer terms usually lower the payment but increase total interest and can keep you underwater longer. Compare total cost, not just the monthly payment.

Sources

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Disclaimer

Estimates only. Actual loan terms, taxes, fees, and dealer add-ons vary by location and lender. Confirm final numbers with official paperwork.

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