Auto Loan Calculator

Vehicle Price ($)

$25,000

Down Payment ($)

Trade-In Value ($)

Loan Term (Months)

Interest Rate (%)

5.5%

Sales Tax Rate (%)

Monthly Payment

$386.66

Principal & Interest

Total Loan Amount

$20,000

After down payment

Total Interest Paid

$3,199.60

Over loan term

Total Cost of Car

$23,199.60

Including interest

Payoff Date

May 2029

Based on today

This auto loan calculator helps you estimate monthly car payments, total interest costs, and compare different loan terms. Perfect for:

Tip: Shorter loan terms (36-48 months) save on interest. Consider putting at least 20% down to avoid negative equity.