Plan Your Vehicle Purchase
Our Auto Loan Calculator helps you determine the true cost of financing a vehicle. Whether you’re buying a new or used car, this calculator considers all the important factors that affect your monthly payments, including trade-in value, taxes, and additional fees.
How to Use Our Auto Loan Calculator
- Enter the vehicle price
- Input your down payment amount (if any)
- Add trade-in value and any remaining balance on your trade-in
- Specify the loan term in months (typically 36-72 months)
- Enter the annual interest rate
- Include sales tax rate and any additional fees
- View your estimated monthly payment and total cost
The calculator provides detailed information about:
- Monthly payment amount
- Total cost of the vehicle
- Total interest paid
- Impact of down payment and trade-in
- Tax and fee calculations
- Complete payment schedule
Additional Features
- Calculate payments with or without trade-in value
- Factor in state and local taxes
- Include registration fees and other charges
- Compare different loan terms and down payment options
- See how extra payments affect your loan
Note: This calculator provides estimates based on the information you enter. Actual loan terms, rates, and fees may vary based on factors such as credit score, location, and lender requirements.