Enter values and select Calculate to see your result.
Estimate car loan payments including down payment, trade-in, tax and fees
Tax is applied to the full vehicle price; local trade-in tax credits are not included. All fees are financed.
How to use the Auto Loan Calculator
Estimate a vehicle payment and total borrowing cost after down payment, trade-in, tax, fees and interest.
- Enter the vehicle price, down payment and trade-in figures.
- Add the tax, financed fees, rate and term used by your lender.
- Calculate to review the monthly payment, total payment and interest estimate.
Auto Loan Calculator formula
Amount financed = price + tax + fees + trade-in payoff − down payment − trade-in value; payment uses fixed-rate amortization.
Worked example
Inputs: $30,000 vehicle, $5,000 down, 6% tax, $300 fees, 7% rate and 60 months.
What to expect: The tool estimates the financed balance and monthly repayment; the lender contract controls the final amount.
How to read your result
A higher down payment or trade-in lowers the amount financed. Compare total cost, not only the monthly payment.
Frequently asked questions
Does this include insurance?
No. Insurance, registration and optional products are outside the financed amount unless entered as fees.
Is this an APR quote?
No. It is a payment estimate using the entered rate; lender fees can make APR higher.