This auto loan calculator estimates your monthly car payment based on vehicle price, down payment, trade-in value, sales tax, interest rate, and loan term. It computes the total amount financed and the total interest paid over the life of the loan.
Use it to compare different down payments, loan terms, and APRs before you visit the dealership so you walk in with a clear price range in mind.
Enter your information in the fields above, run the calculation, and review the result to understand what it means for your situation.
Look at the output in the context of your overall goals rather than in isolation. Consider how sensitive the result is to changes in your inputs (for example, adjusting the amount, rate, or time) to understand which factors matter most.
This tool is a simplified model and does not capture every nuance of real life. Treat it as a planning aid, not a guarantee. For important financial or health decisions, combine these results with professional advice and more detailed analysis.