Auto Financing
Car Loan Calculator
Model car or truck financing with taxes, fees, and custom payment schedules. Compare scenarios, add balloon payments, and understand how extra payments change your payoff date.
Loan Details
Scenario comparison
Toggle a second scenario to compare rate, term, or down payment strategies side by side.
Loan summary
Financed amount
30.370,00 $
Sales tax
2.720,00 $
Payment per period (Monthly)
575,91 $
Monthly equivalent
575,91 $
Total interest
4.184,38 $
Total repaid
34.554,38 $
Projected payoff
60 months · November 2030
APR
5,2 %
Tip: Adjust APR, term, or extra payments to see how quickly you can reduce interest and payoff time.
Amortization schedule
First payments at a glance. Expand to review the full amortization table.
| # | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | 575,91 $ | 444,30 $ | 131,60 $ | 29.925,70 $ |
| 2 | 575,91 $ | 446,23 $ | 129,68 $ | 29.479,47 $ |
| 3 | 575,91 $ | 448,16 $ | 127,74 $ | 29.031,31 $ |
| 4 | 575,91 $ | 450,10 $ | 125,80 $ | 28.581,20 $ |
| 5 | 575,91 $ | 452,05 $ | 123,85 $ | 28.129,15 $ |
| 6 | 575,91 $ | 454,01 $ | 121,89 $ | 27.675,14 $ |
| 7 | 575,91 $ | 455,98 $ | 119,93 $ | 27.219,15 $ |
| 8 | 575,91 $ | 457,96 $ | 117,95 $ | 26.761,20 $ |
| 9 | 575,91 $ | 459,94 $ | 115,97 $ | 26.301,26 $ |
| 10 | 575,91 $ | 461,93 $ | 113,97 $ | 25.839,32 $ |
| 11 | 575,91 $ | 463,94 $ | 111,97 $ | 25.375,39 $ |
| 12 | 575,91 $ | 465,95 $ | 109,96 $ | 24.909,44 $ |
How to use this car loan calculator
Walk through a lender-ready quote in a few minutes.
- Enter purchase details
Add vehicle price, down payment, trade-in value, taxes, and dealer fees to calculate the financed amount.
- Set loan structure
Pick APR, term length, and payment frequency. Use advanced options for balloon or extra payments.
- Compare scenarios
Toggle the comparison plan, copy your base inputs, and tweak APR or down payment to see the monthly and lifetime interest impact.
- Share the schedule
Download or copy the amortization preview to discuss with buyers, lenders, or finance teammates.
Case study: Negotiating between two dealers
Maria is evaluating two certified pre-owned SUV offers and wants the best blend of monthly payment and total interest.
- Profile
- Credit score 720, considering a 32,000 SUV with 4,000 down.
- Dealer A
- APR 5.9%, higher documentation fees.
- Dealer B
- APR 4.9%, requires 2,000 more down payment.
- Model quote A
She inputs Dealer A's APR, fees, and base down payment to get the baseline payment and interest.
- Clone and adjust
Maria enables the comparison scenario, copies the first plan, then swaps in Dealer B's rate and higher down payment.
- Review deltas
The comparison panel shows Dealer B saves about $42 each month and $1,300 in lifetime interest.
Negotiation takeaway
Maria shares the summary with Dealer A to negotiate a rate match, using the calculator output as evidence.
Car loan FAQs
Does this include taxes and dealer add-ons?
Yes. Enter taxes, documentation fees, warranties, and accessories so the financed amount matches the purchase agreement.
Can I compare different APRs or down payments?
Enable the comparison scenario, copy your base inputs, then adjust APR, term, or down payment to see the difference instantly.
How do balloon or extra payments change things?
Add a balloon payment to reduce recurring costs or set extra payments to target principal each period. The results update immediately.
Helpful resources
- CFPB auto loan shopping guide
- NADA market trends
- Car loan amortization basics