What auto can you afford? Use our car loan calculator and find out what you are looking at monthly, and how that is affected by factors like a trade-in, money down, or length of loan.
Estimated sales tax (0.00%)
Total loan amount
Total interest paid (over life of loan)
Total loan & interest paid
*This car loan calculator is for informational and general estimate purposes only, and doesn't include other fees which are factored into an auto lease or purchase, like title or taxes.
To use the car loan payment calculator, you should input the following data to get the most accurate results.
APR = (Periodic Interest Rate * 365 Days) * 100
Once you have gathered the required information, all you got to do is enter them in the respective slots and you’ll get an immediate breakdown of your auto loan’s estimated payment.
Know that the final cost will be greater than the sticker price of your desired car. When estimating the vehicle purchase cost, you must consider charges like as taxes, title fees, and even future vehicle maintenance.
The repayment period for a loan might range from 24 to 84 months. While a longer-term loan will result in a reduced monthly cost, the longer the loan duration, the more interest you will pay. Also, remember that a lengthy loan term may bind you to that vehicle for up to seven years.
Refinancing your existing loan can be an excellent way to save money while keeping your vehicle. Consider this option if you originally signed at a dealership or if your credit has improved and you can likely get a lower rate and term.