Auto Loan Calculator

About Auto Loan Calculator

Auto Loan Calculator combines the common financing inputs for a vehicle purchase into one result view. It calculates the financed amount, monthly payment, total interest, tax, upfront cash needed, and a month-by-month amortization schedule so you can compare loan scenarios before signing. You can also choose whether title, registration, and other fees stay upfront or get rolled into the loan balance.

How To Use It

Start with the vehicle price and financing terms, then add taxes, fees, trade-in value, and choose whether fees stay upfront or go into the loan.

• Enter the auto price, down payment, annual interest rate, and total term in months.
• Add the trade-in value, sales tax, and any title or registration fees.
• Turn on Include All Fees in Loan if you want the fees added to the financed balance instead of being paid upfront.
• Click Calculate Auto Loan to review the payment summary and the amortization schedule.

Examples

• Standard car loan

  Input:
  Auto Price: 30000
  Down Payment: 6000
  Interest Rate: 4.5%
  Loan Term: 60 months
  Trade-in Value: 0
  Sales Tax: 7%
  Fees: 300
  
  Output:
  Monthly Payment: $447.43
  Total Loan Amount: $24,000.00
  Total Loan Interest: $2,845.95

• Fees rolled into loan

  Input:
  Auto Price: 42000
  Down Payment: 9000
  Interest Rate: 5.2%
  Loan Term: 72 months
  Trade-in Value: 3500
  Sales Tax: 7%
  Fees: 450
  Include All Fees in Loan: Yes
  
  Output:
  Monthly Payment: $485.13
  Total Loan Amount: $29,950.00
  Upfront Payment: $11,940.00
  Total Loan Interest: $4,979.08