Auto Loan Calculator - Car Payment Estimator

  • 3 Years (36 months)
  • 4 Years (48 months)
  • 5 Years (60 months)
  • 6 Years (72 months)
  • 7 Years (84 months)
Results
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Buying a car is likely the second-largest purchase you'll ever make, and getting the loan details right matters enormously. Our Auto Loan Calculator helps you estimate monthly payments, total interest costs, and the full price of financing before you step into a dealership.

Enter the vehicle price, your down payment, any trade-in value, the expected interest rate, loan term, and your local sales tax rate. The calculator handles all the math — including the important detail that sales tax is added to the loan amount in most states.

The results show your monthly payment, total amount paid over the loan term, and how much of that total is interest. This interest breakdown is eye-opening: stretching a car loan from 48 to 72 months can add thousands in interest charges.

Before committing to a loan, always get pre-approved by a bank or credit union. Dealership financing is convenient but often more expensive. A pre-approval gives you a clear picture of what you qualify for and strengthens your negotiating position.

Wzór
Loan = Price − Down Payment − Trade-in + Tax | Monthly = Loan × r × (1+r)^n ÷ ((1+r)^n − 1)

Często zadawane pytania

What is a good interest rate for a car loan?
As of 2025, rates for excellent credit (720+) range from 4-6% for new cars and 6-8% for used. Rates jump significantly with lower credit scores. Pre-qualifying with your bank or credit union gives you leverage at the dealership.
Should I take a longer loan term?
Longer terms (72-84 months) lower monthly payments but cost much more in total interest. They also increase the risk of being "upside down" (owing more than the car is worth). 48-60 months is the sweet spot for most buyers.
How much down payment should I make?
Aim for 20% down to avoid negative equity and lower your monthly payments. For new cars, 20% also helps you qualify for better rates. If you have a trade-in, its value counts toward your down payment.
What about 0% financing offers?
0% financing is a great deal if you qualify (usually 720+ credit). But sometimes dealers offer either a cash rebate or 0% — always calculate which saves more. Use this calculator to compare both options.

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