Calculer your auto loan monthly payments, total interest, and total cost with our free car loan calculator. Includes amortization schedule, extra payment analysis, and accelerated payoff comparison.
Our Auto Loan Calculateur helps you estimate your monthly car payments, total interest costs, and overall loan expenses. Enter your vehicle price, down payment, trade-in value, sales tax rate, interest rate, and loan term to see a detailed breakdown. You can also add an extra monthly payment to see how much you can save and how much faster you can pay off your loan. Tout calculations are performed instantly in your browser — no data is sent to any server.
The monthly payment is calculated using the standard loan amortization formula: M = P × (r(1+r)^n) / ((1+r)^n - 1), where P is the loan amount, r is the monthly interest rate, and n is the number of payments.
An amortization schedule shows how each monthly payment is split between principal and interest over the life of the loan. Early payments are mostly interest, while later payments apply more to the principal.
Even small extra payments can save significant interest over the loan term. For example, paying an extra $50 per month on a $25,000 loan at 5.5% APR can save hundreds in interest and shorten the loan by several months.
Ceci calculator includes sales tax and optional fees. However, it does not include potential dealer fees, registration costs, or insurance — be sure to factor those into your budget separately.
Absolutely. Tout calculations happen entirely in your browser. Non personal or financial data is transmitted to any server.