Financial Tools
Auto Loan Calculator
Estimate your monthly car payment. Enter the price, your down payment and trade-in, the rate and the term, and see the full cost of the loan.
Auto Price
Loan Term
Interest Rate (% APR)
Cash Incentives (rebates from the dealer or maker)
Down Payment
Trade-in Value
Amount Owed on Trade-in
Sales Tax (% in your state)
Title, Registration and Other Fees
Values shown are examples. Sales tax and fees vary by state and dealer, edit them to match your deal.
Payment Breakdown
| Monthly Payment | $0 |
| Total Loan Amount | $0 |
| Sales Tax | $0 |
| Upfront Payment | $0 |
| Total of All Payments | $0 |
| Total Loan Interest | $0 |
| Payoff Date | n/a |
| Total Cost (price, tax, fees, interest) | $0 |
For illustration only, not financial advice. Results are estimates based on the numbers you enter and do not constitute an offer, rate quote or approval.
The rate is the whole game on a car loan.
Compare published auto loan offers before you take the dealer number.
Questions people ask
How is the monthly car payment calculated?
The page builds the amount financed from the price plus sales tax, minus your down payment, cash incentives and any positive trade-in equity, then adds fees if you tick the box. It runs that amount through a standard loan payment at your rate over the term you pick.
How does the calculator treat sales tax and my trade-in?
Sales tax applies to the price minus your net trade-in value, at the percentage you enter. If you owe more on the trade-in than it is worth, the page adds that negative equity to the loan and shows a note.
What happens when I untick Include all fees in loan?
The title, registration and other fees move out of the loan and into your upfront payment, so you pay them in cash. That lowers the amount financed and the interest you pay on it.
What does Total Cost include?
It adds the price, sales tax, fees and loan interest, then subtracts cash incentives. Insurance, fuel and maintenance are not inputs, so the figure leaves them out.
