Auto Loan Calculator
Estimate monthly car payments from the vehicle price, down payment, trade-in, sales tax, fees, rate and term — with an amortization summary.
Example values are shown — change any of them and the answer updates live.
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NowTerm
Monthly payment
$643.49
Amount financed: $27,400
$27,400 financed over 4 years at 6%.
Amount financed$27,400
Total interest$3,488
Total vehicle cost$30,888
Total paid$30,888
P&I only — taxes, insurance and fees are not included. Numbers are estimates, not offers.
Compare scenarios
4 years
$643.49/ month
Paid off in 4 years · $3,488
5 years
$529.72/ month
Paid off in 5 years · $4,383
7%
$656.13/ month
4 years · $4,094
Term
4 → 5 years
Monthly payment
$529.72 → $656.13
Total interest
+$896
How the payment is computed
Step 1 · Amount to finance
financed = price + tax − down − trade-in
$30,000 × (1 + 8%) − $5,000 − $0
$27,400
Step 2 · Monthly payment
P = L·r(1+r)ⁿ / ((1+r)ⁿ − 1)
L=27,400, r=0.005, n=48
$643.49 / month
Estimates under the stated assumptions, for illustration — not financial advice.