Auto Loan
Enter the car price, down payment, rate, and loan term.
Monthly payment
$0
Total cost: $0
Loan amount
$0
Total interest
$0
Total cost
$0
Interest/total ratio
0%
Worked example
With the default inputs shown below, this calculator returns the following results:
| Input | Value |
|---|---|
| Car price ($) | $35,000 |
| Down payment ($) | $5,000 |
| Trade-in value ($) | $0 |
| Interest rate (%) | 6.5% |
| Loan term (months) | 60 months (5 years) |
| Result | Value |
|---|---|
| Monthly payment | $587 |
| Loan amount | $30,000 |
| Total interest | $5,219 |
| Total cost | $35,219 |
| Interest/total ratio | 14.8% |
Values shown are produced by this page in your browser; change any input to update them.
How to use the Auto Loan
- Car price ($) — default $35,000
- Down payment ($) — default $5,000
- Trade-in value ($) — default $0
- Interest rate (%) — default 6.5%
- Loan term (months) — default 60 months (5 years)
- Press Calculate to update the results instantly.