Auto loan payment calculator
Estimate your monthly car payment in seconds. Adjust the price, down payment, trade-in, APR, and term. No signup, no email.
Loan details
Estimated payment
- Amount financed
- $22,500
- Total interest
- $5,825
- Total of payments
- $28,325
Estimate only, not a financing offer or an advertisement of credit terms. Excludes taxes, title, and fees. Your actual rate and payment depend on credit approval (O.A.C.).
FAQ
Auto loan calculator FAQ
How is the monthly car payment calculated?
It uses the standard amortization formula: the amount financed (vehicle price minus your down payment and trade-in) is spread over the loan term at your APR, so each payment is equal. We show the monthly payment, the total interest, and the total of all payments.
Does this include tax, title, and fees?
No. The payment calculator works from the amount you finance. To estimate taxes, the doc fee, and title and registration, use the Out-the-Door Price Calculator, then bring that total back here as the price you finance.
Is this a financing offer or a guaranteed rate?
No. This is an estimate for planning only; it is not an offer of credit or an advertisement of specific terms. Your actual APR and payment depend on the lender and your credit approval (O.A.C.).
What APR and term should I use?
Use a rate your bank or credit union quotes you, or a realistic estimate for your credit. Terms typically run 36 to 84 months. A longer term lowers the monthly payment but increases the total interest you pay.
Run a dealership? Connect the numbers to the sale
Work through vehicle price, trade-in, taxes, fees and financing figures with the customer and deal records in one place.