Auto loan calculator
Inputs
Loaded from #1Change anything, then press Calculate. #1 itself never changes; a new scenario is added.
$
$
Loan term (months)72 months = 6 years
Enter whole months up to 120
Enter whole months up to 120.
%
Yearly rate, not APR%
Your estimate; no state rules$
Tax and fees
$
$
Vehicle price$35,000
Down payment− $5,000
Trade-in equity$0
Old loan rolled in (owed $0 − worth $0)$0
Amount financed$30,000
Positive equity (worth more than you owe) lowers the amount financed. Negative equity is added as its own line so you can see it.
Calculate adds scenario #2. Same inputs as a saved scenario? We show that one instead of adding a copy.
Scenario #1 · Original
ShowingAPinned as ACalculate adds scenario #2. Same inputs as a saved scenario? We show that one instead of adding a copy.
Inputs changed. These numbers are still #1’s — press Calculate to see the new result.
Monthly payment
$504.30 /mo
72 payments · $30,000 financed at 6.5%
Total interest
$6,309.45
Total costCash due at purchase + all payments; a trade-in counts toward it. Not included: insurance, fuel, upkeep.
$44,259.45
Cash due at purchase$5,000 down + $2,450 sales tax (7%, your estimate) + $500 fees.
$7,950
Amount financed$35,000 price − $5,000 down. Tax and fees are paid upfront, so they are not in the loan.
$30,000
$
Loan term (months)72 months = 6 years
Enter whole months up to 120
Enter whole months up to 120.
- Amount financed$30,000
- $35,000 price − $5,000 down. Tax and fees are paid upfront, so they are not in the loan.
- Cash due at purchase$7,950
- $5,000 down + $2,450 sales tax (7%, your estimate) + $500 fees.
- Total cost$44,259.45
- Cash due at purchase + all payments; a trade-in counts toward it. Not included: insurance, fuel, upkeep.
Scenarios (1)
- #1 OriginalShowingMonthly$504.30Interest$6,309.45Total$44,259.45
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