Finance · US dollars
Know the car payment before the dealership.
Estimate the monthly payment, total interest and full amortization schedule from the price, down payment, trade-in, tax, fees, APR and term.
Your auto loan
US dollars. Nothing leaves your browser.
Estimated monthly payment
$612.76
60 months at 7.5% APR
Loan amount
$30,580.00
Sales tax
$2,080.00
Total interest
$6,185.63
Total of payments
$36,765.63
Estimates assume a simple interest loan with equal monthly payments. Dealer fees, rebates and state tax rules vary. This is not a financing offer.
Amortization schedule
60 payments| # | Payment | Interest | Principal | Balance |
|---|---|---|---|---|
| 1 | $612.76 | $191.12 | $421.64 | $30,158.36 |
| 2 | $612.76 | $188.49 | $424.27 | $29,734.09 |
| 3 | $612.76 | $185.84 | $426.92 | $29,307.17 |
| 4 | $612.76 | $183.17 | $429.59 | $28,877.58 |
| 5 | $612.76 | $180.48 | $432.28 | $28,445.31 |
| 6 | $612.76 | $177.78 | $434.98 | $28,010.33 |
| 7 | $612.76 | $175.06 | $437.70 | $27,572.63 |
| 8 | $612.76 | $172.33 | $440.43 | $27,132.20 |
| 9 | $612.76 | $169.58 | $443.18 | $26,689.02 |
| 10 | $612.76 | $166.81 | $445.95 | $26,243.06 |
| 11 | $612.76 | $164.02 | $448.74 | $25,794.32 |
| 12 | $612.76 | $161.21 | $451.55 | $25,342.77 |
| 13 | $612.76 | $158.39 | $454.37 | $24,888.41 |
| 14 | $612.76 | $155.55 | $457.21 | $24,431.20 |
| 15 | $612.76 | $152.69 | $460.07 | $23,971.13 |
| 16 | $612.76 | $149.82 | $462.94 | $23,508.19 |
| 17 | $612.76 | $146.93 | $465.83 | $23,042.36 |
| 18 | $612.76 | $144.01 | $468.75 | $22,573.61 |
| 19 | $612.76 | $141.09 | $471.68 | $22,101.94 |
| 20 | $612.76 | $138.14 | $474.62 | $21,627.31 |
| 21 | $612.76 | $135.17 | $477.59 | $21,149.72 |
| 22 | $612.76 | $132.19 | $480.57 | $20,669.15 |
| 23 | $612.76 | $129.18 | $483.58 | $20,185.57 |
| 24 | $612.76 | $126.16 | $486.60 | $19,698.97 |
| 25 | $612.76 | $123.12 | $489.64 | $19,209.33 |
| 26 | $612.76 | $120.06 | $492.70 | $18,716.63 |
| 27 | $612.76 | $116.98 | $495.78 | $18,220.84 |
| 28 | $612.76 | $113.88 | $498.88 | $17,721.96 |
| 29 | $612.76 | $110.76 | $502.00 | $17,219.97 |
| 30 | $612.76 | $107.62 | $505.14 | $16,714.83 |
| 31 | $612.76 | $104.47 | $508.29 | $16,206.54 |
| 32 | $612.76 | $101.29 | $511.47 | $15,695.07 |
| 33 | $612.76 | $98.09 | $514.67 | $15,180.40 |
| 34 | $612.76 | $94.88 | $517.88 | $14,662.52 |
| 35 | $612.76 | $91.64 | $521.12 | $14,141.40 |
| 36 | $612.76 | $88.38 | $524.38 | $13,617.02 |
| 37 | $612.76 | $85.11 | $527.65 | $13,089.37 |
| 38 | $612.76 | $81.81 | $530.95 | $12,558.42 |
| 39 | $612.76 | $78.49 | $534.27 | $12,024.15 |
| 40 | $612.76 | $75.15 | $537.61 | $11,486.54 |
| 41 | $612.76 | $71.79 | $540.97 | $10,945.57 |
| 42 | $612.76 | $68.41 | $544.35 | $10,401.22 |
| 43 | $612.76 | $65.01 | $547.75 | $9,853.46 |
| 44 | $612.76 | $61.58 | $551.18 | $9,302.29 |
| 45 | $612.76 | $58.14 | $554.62 | $8,747.67 |
| 46 | $612.76 | $54.67 | $558.09 | $8,189.58 |
| 47 | $612.76 | $51.18 | $561.58 | $7,628.00 |
| 48 | $612.76 | $47.68 | $565.09 | $7,062.92 |
| 49 | $612.76 | $44.14 | $568.62 | $6,494.30 |
| 50 | $612.76 | $40.59 | $572.17 | $5,922.13 |
| 51 | $612.76 | $37.01 | $575.75 | $5,346.38 |
| 52 | $612.76 | $33.41 | $579.35 | $4,767.04 |
| 53 | $612.76 | $29.79 | $582.97 | $4,184.07 |
| 54 | $612.76 | $26.15 | $586.61 | $3,597.46 |
| 55 | $612.76 | $22.48 | $590.28 | $3,007.18 |
| 56 | $612.76 | $18.79 | $593.97 | $2,413.22 |
| 57 | $612.76 | $15.08 | $597.68 | $1,815.54 |
| 58 | $612.76 | $11.35 | $601.41 | $1,214.13 |
| 59 | $612.76 | $7.59 | $605.17 | $608.95 |
| 60 | $612.76 | $3.81 | $608.95 | $0.00 |
Good to know
The result is a guide, not a guarantee.
This calculator runs entirely in your browser. Check the assumptions, keep the inputs realistic, and use the result as a starting point for a decision.
US auto financing conventions. State tax rules, dealer fees and promotional rates vary. Not a loan offer or financial advice.
How is the monthly car payment calculated?
The calculator adds sales tax and fees to the financed amount after subtracting the down payment and trade-in. It then applies the standard amortization formula using the APR and term in months.
Does a trade-in reduce sales tax?
In this model, yes: sales tax is calculated on the vehicle price minus the trade-in value. Many US states allow that credit, but rules vary. Adjust the tax rate if your state treats trade-ins differently.
What is included in fees?
Use the fees field for documentation, registration, title or dealer add-ons you plan to finance. Do not include the down payment or trade-in there.
Is this a financing offer?
No. It is an estimate for a simple-interest installment loan with equal monthly payments. Dealer quotes can include rebates, special rates, taxes and fees that change the result.