Car Loan Calculator

Calculate auto loan payments, compare financing options, and plan your car purchase

✓ Monthly payments ✓ Interest comparison ✓ Total cost analysis

Car Loan Calculator

Vehicle Information

Loan Terms

Additional Options

About This Calculator

Calculate car loan payments and compare financing options for your vehicle purchase

Monthly Payment Formula:

PMT = P × [r(1+r)^n] / [(1+r)^n - 1]

Car Buying Tips

Shop Around: Compare rates from multiple lenders
Check Credit: Know your score before shopping
Down Payment: 20% reduces monthly payments
Shorter Terms: Save on total interest
Pre-approval: Know your budget first
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How to Use

  1. Enter the vehicle price and down payment
  2. Add trade-in value if applicable
  3. Select loan term and interest rate
  4. Include taxes and fees
  5. Add optional warranties or insurance
  6. Review monthly payment and total cost

Financing Options

Dealer Financing

Convenient but may have higher rates.

Bank/Credit Union

Often offers competitive rates for qualified buyers.

Manufacturer Financing

Special rates and incentives for new cars.