Auto Loan Calculator
Estimate monthly car payments and total cost
Use this when you need a fast, accurate result — no sign-up, works entirely in your browser.
Monthly payment—
Total paid—
How to Use
- Enter your details into the fields above.
- Click the calculate button to get your result instantly.
- Use the clear button to start a new calculation.
Example
- Vehicle price $25,000, down payment $4,000, 5.9% APR, 60 months → Monthly payment ≈ $405
- $30,000 vehicle, $6,000 down, 4.5% APR, 48 months → Monthly payment ≈ $547.28; total paid ≈ $26,269.62
Formula
Monthly payment = P × r × (1+r)n / ((1+r)n − 1), where P = loan principal (price − down payment), r = monthly interest rate, n = number of months.
About Auto Loan Calculator
Estimate monthly car payments and total cost. This free online tool gives you fast, accurate results without registration or downloads.
Everything runs locally in your browser, so your data is never uploaded or stored — privacy first.
Frequently Asked Questions
What is a good auto loan term? +
Shorter terms (36–48 months) usually mean lower interest and total cost, while longer terms (60–84 months) lower the monthly payment but cost more over time.
How is my monthly car payment calculated? +
It is based on the loan principal (price minus down payment and trade-in), the annual interest rate, and the loan term in months, using a standard amortization formula.
Is the Auto Loan Calculator free? +
Yes, it is completely free with no registration or download.