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Auto Loan Calculator

Monthly payment and interest for any car loan.

Details

Results

Monthly payment
Total interest
Total paid
Payments

Estimates only. Confirm exact terms with your lender or dealer.

How it works

Using the standard amortization formula, we turn your loan amount, APR and term into a monthly payment, then total the interest you’ll pay over the life of the loan.

Rate matters: even a 1% lower APR saves hundreds over a typical car loan.

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Price your next car with our other free auto calculators.

Good to know

FAQs

How is an auto loan payment calculated?

With the amortization formula using loan amount, monthly rate and number of payments.

How can I lower my payment?

A larger down payment, lower rate, or longer term lowers the monthly payment (longer terms cost more interest).

What APR should I expect?

It depends on credit, lender and term; check several lenders to compare.

Does this include tax?

No — this is the loan amount only. Use the car payment calculator for tax and trade-in.

Is this financial advice?

No — confirm exact terms with your lender.