Auto Loan Payment Calculator

Why use Auto Loan Calculator?

Auto Loan Calculator gives you accurate results instantly, with the underlying formula shown so you can trust the numbers.

• Runs instantly in your browser — nothing to install, nothing uploaded.
• Completely free, with no account, no watermarks and no usage limits.
• Handles Amount financed = price + tax − down − trade-in; Payment = P × [r(1+r)^n] / [(1+r)^n − 1].
• Enter the vehicle price, down payment and trade-in value.
• Works on any device — desktop, tablet and phone — and is fully keyboard accessible.

How to use Auto Loan Calculator

1. Enter the vehicle price, down payment and trade-in value.
2. Add the sales tax rate, interest rate and term in months.
3. See the amount financed and your monthly payment.
4. Adjust the down payment to see the effect on interest.

Examples

• A $30,000 car with $3,000 down and a $2,000 trade-in at 7.5% over 60 months.
• Comparing 48- vs 72-month terms.

Formulas

• Amount financed = price + tax − down − trade-in
• Payment = P × [r(1+r)^n] / [(1+r)^n − 1]

Limitations

• Estimates only; dealer fees, add-ons and tax rules vary.
• Assumes tax applies to price minus trade-in (varies by region).
• Not financial advice.