Auto Loan Calculator
See your estimated monthly payment, total interest, and total cost for any car loan.
Loan details
Your loan estimate
How auto loan payments are calculated
Your monthly payment is based on the amount financed (vehicle price plus sales tax, minus your down payment and trade-in value), the interest rate, and the loan term. Longer terms lower your monthly payment but increase the total interest you pay over the life of the loan - a 72-month loan will almost always cost more in total interest than a 48-month loan at the same rate.
FAQ
Does this include title, registration, or dealer fees?
No - this calculator covers vehicle price, sales tax, down payment, and trade-in only. Title, registration, and documentation fees vary by state and dealer and would add a small amount to your financed total.
Should I choose a longer loan term for a lower payment?
A longer term lowers your monthly payment but increases total interest paid and increases the risk of being "upside down" (owing more than the car is worth) for longer. Shorter terms cost more per month but less overall.