CAR

Auto Loan Calculator

The monthly payment on a car loan after your down payment, trade-in, sales tax and fees.

Finance & InvestmentTop 100 · #25Runs in your browser

Result…

$
$
$
%

Charged on the price less the trade-in, as many places do; check your local rule.

$

Title, registration and dealer fees rolled into the loan.

%
months

 

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How it's calculated

Financed = price + sales tax + fees − down payment − trade-in
Sales tax = (price − trade-in) × tax rate
Payment = L × i ÷ (1 − (1 + i)^−n)

Works out what you borrow for a car and the fixed monthly payment on it. A longer term lowers the payment but raises the total interest, and a car loses value while you pay it off.

Your numbers, step by step

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