Car Down Payment Loan Payment Calculator
Buying a car? Enter the vehicle price, your down payment and trade-in value, the interest rate, and the loan term to see your estimated monthly payment and total interest paid over the life of the loan.
About this calculator
Estimate your monthly auto loan payment based on vehicle price, down payment, trade-in value, interest rate, and loan term.
Frequently Asked Questions
Does this include taxes and fees?
No, this calculator estimates payments based on vehicle price, down payment, and trade-in only. Sales tax, registration, and dealer fees will increase your actual loan amount and payment.
How does my trade-in affect the loan?
Your trade-in value is subtracted from the vehicle price along with your down payment, reducing the amount you need to finance.
What loan term should I choose?
Shorter terms mean higher monthly payments but less total interest paid. Longer terms lower your payment but increase the total interest over the life of the loan.