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 USD

Sales tax

2720,00 USD

Payment per period (Monthly)

575,91 USD

Monthly equivalent

575,91 USD

Total interest

4184,38 USD

Total repaid

34 554,38 USD

Projected payoff

60 months · listopad 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.

#PaymentPrincipalInterestBalance
1575,91 USD444,30 USD131,60 USD29 925,70 USD
2575,91 USD446,23 USD129,68 USD29 479,47 USD
3575,91 USD448,16 USD127,74 USD29 031,31 USD
4575,91 USD450,10 USD125,80 USD28 581,20 USD
5575,91 USD452,05 USD123,85 USD28 129,15 USD
6575,91 USD454,01 USD121,89 USD27 675,14 USD
7575,91 USD455,98 USD119,93 USD27 219,15 USD
8575,91 USD457,96 USD117,95 USD26 761,20 USD
9575,91 USD459,94 USD115,97 USD26 301,26 USD
10575,91 USD461,93 USD113,97 USD25 839,32 USD
11575,91 USD463,94 USD111,97 USD25 375,39 USD
12575,91 USD465,95 USD109,96 USD24 909,44 USD

How to use this car loan calculator

Walk through a lender-ready quote in a few minutes.

  1. Enter purchase details

    Add vehicle price, down payment, trade-in value, taxes, and dealer fees to calculate the financed amount.

  2. Set loan structure

    Pick APR, term length, and payment frequency. Use advanced options for balloon or extra payments.

  3. Compare scenarios

    Toggle the comparison plan, copy your base inputs, and tweak APR or down payment to see the monthly and lifetime interest impact.

  4. 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.
  1. Model quote A

    She inputs Dealer A's APR, fees, and base down payment to get the baseline payment and interest.

  2. Clone and adjust

    Maria enables the comparison scenario, copies the first plan, then swaps in Dealer B's rate and higher down payment.

  3. 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