FREE FINANCIAL PLANNING TOOL

Personal & auto loan payment calculator

Found a car online? Start with its purchase price, an estimated interest rate and a loan term. Add your down payment and any known taxes or fees in Advanced. You can also start from a loan amount for personal or other installment borrowing.

Start with what you know

Use a vehicle price now. Add your down payment, taxes and fees when you know them. Switching options starts a fresh estimate.

Start with the basics

Found a car? Enter its price, an interest-rate estimate and a loan term to see a starting payment.

Vehicle purchase price ($) · requiredStart with the advertised price. Add taxes and fees in Advanced only if they are not already in this price.Estimated annual interest rate (%) · requiredUse an estimate while browsing and update it when you get a quote. Enter the interest rate; APR can include fees.Loan term (months) · requiredFor example, 60 months is 5 years. You can change the term and calculate again.

Have money to put down? Add it in Advanced below to reduce the estimated payment. Your result appears in the results panel after you calculate.

Advanced optionsDown payment not included · tax unknown · fees unknown

Add only what you know. Blank amounts are excluded from this estimate; enter 0 only when the amount is actually zero.

Down payment toward the car ($)

Money toward the vehicle price; taxes and fees paid in cash are extra. This reduces the loan and its payment. Leave blank to estimate without a down payment. Choose % to enter a share of the purchase price.

Estimated sales tax ($)Enter the total tax in dollars if known. Leave blank if unknown. Do not add tax already included in the purchase price.How to pay sales taxAdding this cost to the loan increases the amount borrowed. Paying it in cash adds to the cash needed now.Title, registration, dealer and loan fees ($)Add the known charges together. Exclude sales tax and anything already included in the price. Leave blank if unknown.How to pay feesAdding this cost to the loan increases the amount borrowed. Paying it in cash adds to the cash needed now.

Entered taxes and fees are added to the loan unless you choose to pay them in cash. Each cost is counted once. This estimate does not work out local tax rules, trade-in value or an old vehicle’s loan payoff.

No signup required. Your entered amounts are not included in calculator analytics or sent to a lender.

YOUR RESULTS

Your result will appear here.

Enter the three basic amounts and choose Calculate car payment. Open Advanced to add a down payment or any known taxes and fees.

How the car payment is estimated

The modeled loan is the purchase price minus the entered down payment, plus any entered taxes and fees you choose to finance. Cash-paid taxes and fees add to cash due now without increasing that loan or its payment.

The loan uses equal monthly payments at a fixed annual interest rate. At a zero interest rate, the payment is the modeled loan divided by the number of months. Blank costs stay unknown and are excluded from the preliminary arithmetic.

Refine it when you know more

Use an estimated rate while browsing, then update the figures from a written quote. A fee-inclusive APR is different from the contractual interest rate used here. This tool does not calculate local tax rules, trade-ins, existing vehicle debt, variable rates, daily-interest differences, balloons or early payoff. It does not establish affordability or financing eligibility.

Understand the full cost of buying a car Read the calculation method Choose another calculator