Auto Loan Calculator
Estimate your monthly car payment and see how price, down payment, APR, and loan term affect your total cost.
36-84 mo
Loan Terms
~6.5%
Avg New Car APR
Trade-In & Down Pmt
Includes
Auto Loan Calculator
$
$
$
%
$
%
Your Monthly Payment
$586.98
per month for 60 months
Amount Financed
Vehicle Price$35,000
Down Payment−$5,000
Amount Financed$30,000
Total Interest
$5,219
Total Cost
$35,219
Shop your rate with multiple lenders — even a 1% difference in APR can change your total interest by hundreds of dollars.
Amortization Schedule
Shows how your monthly payment is split between paying down the loan (principal) and interest, and how your remaining balance declines until the loan is paid off.
| Year | Principal Paid | Interest Paid | Remaining Balance |
|---|---|---|---|
| Year 1 | $5,248 | $1,795 | $24,752 |
| Year 2 | $5,600 | $1,444 | $19,152 |
| Year 3 | $5,975 | $1,069 | $13,177 |
| Year 4 | $6,375 | $669 | $6,802 |
| Year 5 | $6,802 | $242 | $0 |