Auto Loan Calculator

Calculate your monthly auto loan payment based on the vehicle price, down payment, trade-in value, interest rate, and loan term.

Inputs
Results
Monthly Payment
$592.62
Total Interest
$5,557.29
Amount Financed
$30,000.00

Try an example

Formula

M = P × [r(1+r)^n] / [(1+r)^n − 1], P = Price − Down − Trade-In

Learn How This Works

How Auto Loan Payments Are Calculated After Trade-In and Down Payment

The amortization math behind a car payment, and why trade-in value and down payment change the principal before the formula even runs.

How Car Lease Payments and Student Loan Payments Are Calculated

The depreciation-plus-finance-fee formula behind lease payments, and the standard amortization behind student loan payments.

Frequently Asked Questions

Related Calculators

Loan Calculator

Calculate monthly payments for any personal, auto, or business loan.

Car Lease Payment Calculator

Estimate your monthly car lease payment.

Mortgage Calculator

Estimate your monthly mortgage payment, total interest, and payoff schedule.

Compound Interest Calculator

See how your savings or investments grow with compound interest over time.

Simple Interest Calculator

Calculate simple interest earned or owed on a principal amount.

ROI Calculator

Calculate return on investment as a percentage and annualized rate.