Auto Loan Calculator
Estimate monthly car payments by factoring in retail price, trade-in value, sales taxes, and dealer fees.
Vehicle Price: $35,000
Vehicle loan settings
Sales Tax & Dealer Fees▼
Purchase Anatomy
Dealer and registration fees are added to the loan balance, while down payments and vehicle trade-in values decrease the financed amount directly.
How Auto Loan Calculator Works
An auto loan calculator determines your monthly payment by using the total amount financed, the annual interest rate, and the loan term length. This allows you to plan your budget before visiting the dealership.
Enter Purchase Price
Specify the total sticker price or negotiated purchase price of the vehicle.
Incorporate Trade-In Value
Deduct the net value of your current car to lower the amount you need to borrow.
Adjust Down Payment
Add cash down payments to reduce interest charges over the life of the loan.
Why Calculate Monthly Car Payments?
Understanding the total cost of financing prevents unexpected budget strains. Buying a car involves more than just the monthly payment.
Understand Dealer Fees
Factor in documentation fees, dealer markup, and registration fees to see your true purchase cost.
State Sales Tax Calculations
Calculate the sales tax rate for your region to get an accurate estimate of the final financed amount.
Amortization Schedule Details
Review the amortization breakdown to see how much of each payment goes to principal vs interest.
Frequently Asked Questions About Auto Loans
Can this calculator include trade-in value?
Yes. Factor in vehicle trade-in equity and down payment to reduce the total loan amount.
How do dealer fees impact my car loan?
Dealer fees, documentation fees, and sales tax are added to the vehicle purchase price, increasing your total financed amount.