Auto Loan Calculator

Enter the price, your down payment, the rate, and the term. See your monthly car payment, total interest, and total cost. Free, no signup.

Your monthly payment

Loan amount
Total interest
Total cost (loan + interest)

Pay it off faster & save the interest

Adding even a little extra each month cuts months off the loan. The free debt snowball calculator shows your payoff date — and the spreadsheet tracks it.

Free debt payoff calculator →

How is a car payment calculated?

It uses the loan amount (price minus your down payment), the monthly interest rate (APR ÷ 12), and the number of months. Longer terms mean lower monthly payments but more total interest — a 72-month loan costs far more than a 48-month one for the same car.

How can I lower my payment?

Put more down, get a lower APR (better credit or a credit union), buy a cheaper car, or — carefully — extend the term (which raises total interest). The biggest savings come from a lower rate and a shorter term.

Estimates for planning only. Not financial advice.