Auto Loan Calculator
Estimate your monthly car payment, total interest, and out-the-door cost. Includes sales tax on the vehicle price.
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Monthly Payment
$0
- Principal $0
- Total Interest $0
- Sales Tax $0
- Total Cost (price + interest + tax) $0
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How this auto loan calculator works
This tool computes your monthly payment using the standard amortizing-loan formula. The loan principal is:
Principal = Vehicle Price − Down Payment − Trade-in + (Vehicle Price × Sales Tax %)
Note: this is a simple sales-tax model — it taxes the full vehicle price. Some states (e.g. CA, NY) reduce the taxable basis by the trade-in value, while others tax the difference. For a state-accurate quote, check your DMV's worksheet.
For a 60-month loan, longer terms (72, 84 months) lower the monthly but cost much more in total interest. Compare with the term buttons above.
Show the math
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