FINANCIAL CALCULATOR

Auto Loan Calculator

Estimate your monthly auto loan payment based on the vehicle price, down payment, interest rate, and loan term. See how these factors affect the amount financed and total interest.

Enter your values below. The results and chart update automatically.

Loan details

$
$
%
Loan term unit Choose how you want to enter the loan length.
months

Estimated costs

Estimated sales tax rate: 7.5%.
Estimated dealer fee: $500.

Estimate only: Taxes and dealer fees vary by state, location, vehicle, and dealership. Actual costs may differ.

Estimated monthly payment $547
Amount financed $33,000
Total interest $6,384
Total loan payments $39,384

Understanding your loan

Each monthly payment includes principal and interest. As the loan balance decreases, more of each payment generally goes toward principal and less goes toward interest.

This estimate assumes a fixed interest rate and equal monthly payments. Optional tax and dealer fee estimates may vary by state, location, vehicle, and dealership. Insurance and other costs are not included.

Want to learn more about how auto loans work?

Learn about auto loans