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auto loan calculator


Auto Loan Calculator

Calculate monthly payments for a car loan. Find out how much car you can afford.

Enter your numbers and see monthly payment, finance charges, total costs, and a schedule of payments and monthly loan balances.

Purchase & Financing
Information
Total Amount of Loan: example – 12000
Down Payment: if any – 0 if none
Length of Loan: months
Annual Interest Rate: % (Excellent credit = 7%   Good = 9%   Poor = 12% *)
  Show payment tables
 

* Estimates of used car loan APR. Your rate may vary depending on loan source and credit score.


Use this car loan payment calculator for monthly car payments, financing costs, and total costs, as well as refinancing benefits. Use it to find out how much car you can buy, based on monthly payments you can afford.

The value of using an online car loan calculator is that it helps you understand how car financing works, the effects of interest rate differences, how a down payment reduces monthly payments, and how finance charges increase the total cost of buying a car. This used car loan payment calculator can also help determine whether refinancing a car loan can lower monthly payments. It can also be used to verify dealer calculations to avoid mistakes and hidden costs.

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refinance calculator