Car Loan Calculator
Enter the vehicle price, down payment, trade-in value, and estimated APR to see your monthly auto payment and the total amount financed.
Estimate your auto loan payment
Enter the vehicle price, your down payment, trade-in value, and rate to see your estimated monthly car payment.
Amount financed = vehicle price + taxes/title/fees − down payment − trade-in credit, with a floor of zero. Trade-in credit assumes no outstanding trade-in loan; subtract any payoff from the credit before entering it. Sales-tax treatment varies by state. This estimate excludes ongoing insurance and maintenance.
Methodology and assumptions
Monthly payment = P × r ÷ [1 − (1 + r)^(−n)], where P is the loan amount, r is the annual rate divided by 1,200, and n is the number of monthly payments. At 0% APR, payment = P ÷ n. Total repaid = payment × n; total interest = total repaid − P.
This estimate treats your APR as a fixed nominal annual rate with monthly interest and payments at the end of each month. Fees, insurance, taxes, variable-rate changes, and extra payments are excluded unless a tool explicitly includes them. A disclosed APR can include fees and may differ from the contractual interest rate. Values are rounded for display only. Estimates are not lending offers.
Example: $10,000 at 15% for 36 months is approximately $346.65 per month, $2,479.52 in interest, and $12,479.52 repaid, assuming no fees.
Monthly amortization schedule
| Month | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $556.19 | $355.42 | $200.78 | $26,444.58 |
| 2 | $556.19 | $358.08 | $198.11 | $26,086.50 |
| 3 | $556.19 | $360.76 | $195.43 | $25,725.74 |
| 4 | $556.19 | $363.47 | $192.73 | $25,362.28 |
| 5 | $556.19 | $366.19 | $190.01 | $24,996.09 |
| 6 | $556.19 | $368.93 | $187.26 | $24,627.16 |
| 7 | $556.19 | $371.70 | $184.50 | $24,255.46 |
| 8 | $556.19 | $374.48 | $181.71 | $23,880.98 |
| 9 | $556.19 | $377.29 | $178.91 | $23,503.69 |
| 10 | $556.19 | $380.11 | $176.08 | $23,123.58 |
| 11 | $556.19 | $382.96 | $173.23 | $22,740.62 |
| 12 | $556.19 | $385.83 | $170.37 | $22,354.79 |
| 13 | $556.19 | $388.72 | $167.47 | $21,966.08 |
| 14 | $556.19 | $391.63 | $164.56 | $21,574.44 |
| 15 | $556.19 | $394.57 | $161.63 | $21,179.88 |
| 16 | $556.19 | $397.52 | $158.67 | $20,782.36 |
| 17 | $556.19 | $400.50 | $155.69 | $20,381.86 |
| 18 | $556.19 | $403.50 | $152.69 | $19,978.36 |
| 19 | $556.19 | $406.52 | $149.67 | $19,571.84 |
| 20 | $556.19 | $409.57 | $146.63 | $19,162.27 |
| 21 | $556.19 | $412.64 | $143.56 | $18,749.63 |
| 22 | $556.19 | $415.73 | $140.47 | $18,333.90 |
| 23 | $556.19 | $418.84 | $137.35 | $17,915.06 |
| 24 | $556.19 | $421.98 | $134.21 | $17,493.08 |
| 25 | $556.19 | $425.14 | $131.05 | $17,067.94 |
| 26 | $556.19 | $428.33 | $127.87 | $16,639.61 |
| 27 | $556.19 | $431.54 | $124.66 | $16,208.08 |
| 28 | $556.19 | $434.77 | $121.43 | $15,773.31 |
| 29 | $556.19 | $438.03 | $118.17 | $15,335.28 |
| 30 | $556.19 | $441.31 | $114.89 | $14,893.98 |
| 31 | $556.19 | $444.61 | $111.58 | $14,449.36 |
| 32 | $556.19 | $447.94 | $108.25 | $14,001.42 |
| 33 | $556.19 | $451.30 | $104.89 | $13,550.12 |
| 34 | $556.19 | $454.68 | $101.51 | $13,095.44 |
| 35 | $556.19 | $458.09 | $98.11 | $12,637.35 |
| 36 | $556.19 | $461.52 | $94.67 | $12,175.83 |
| 37 | $556.19 | $464.98 | $91.22 | $11,710.85 |
| 38 | $556.19 | $468.46 | $87.73 | $11,242.39 |
| 39 | $556.19 | $471.97 | $84.22 | $10,770.43 |
| 40 | $556.19 | $475.51 | $80.69 | $10,294.92 |
| 41 | $556.19 | $479.07 | $77.13 | $9,815.85 |
| 42 | $556.19 | $482.66 | $73.54 | $9,333.20 |
| 43 | $556.19 | $486.27 | $69.92 | $8,846.92 |
| 44 | $556.19 | $489.92 | $66.28 | $8,357.01 |
| 45 | $556.19 | $493.59 | $62.61 | $7,863.42 |
| 46 | $556.19 | $497.28 | $58.91 | $7,366.14 |
| 47 | $556.19 | $501.01 | $55.18 | $6,865.13 |
| 48 | $556.19 | $504.76 | $51.43 | $6,360.37 |
| 49 | $556.19 | $508.54 | $47.65 | $5,851.82 |
| 50 | $556.19 | $512.35 | $43.84 | $5,339.47 |
| 51 | $556.19 | $516.19 | $40.00 | $4,823.28 |
| 52 | $556.19 | $520.06 | $36.13 | $4,303.22 |
| 53 | $556.19 | $523.96 | $32.24 | $3,779.26 |
| 54 | $556.19 | $527.88 | $28.31 | $3,251.38 |
| 55 | $556.19 | $531.84 | $24.36 | $2,719.54 |
| 56 | $556.19 | $535.82 | $20.37 | $2,183.72 |
| 57 | $556.19 | $539.83 | $16.36 | $1,643.89 |
| 58 | $556.19 | $543.88 | $12.32 | $1,100.01 |
| 59 | $556.19 | $547.95 | $8.24 | $552.06 |
| 60 | $556.19 | $552.06 | $4.14 | $0.00 |
For example only. Auto loan APRs vary by vehicle age, mileage, lender, and state. For financing tied to a specific vehicle, complete your dealer or bank application. The Lending Group offers personal loans that can also be used for vehicle purchases, refinancing, or repairs.
Notes on auto financing
Auto loan APRs vary widely by vehicle age, mileage, term, lender type (bank, credit union, dealer), and your credit profile. Extended warranties, gap insurance, and dealer add-ons roll into the amount financed and increase your monthly payment.
The Lending Group offers unsecured personal loans that can be used to purchase, refinance, or repair a vehicle — often useful for private-party purchases or older vehicles that traditional auto lenders decline.