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The Auto Loan Calculator is mainly intended for car purchases within the U.S. People outside the U.S. may still use the calculator, but please adjust accordingly. If only the monthly payment for any auto loan is given, use the Monthly Payments tab (reverse auto loan) to calculate the actual vehicle purchase price and other auto loan information.
For example, the total interest for a $30,000, 60-month loan at 7% would be $6,497.40. So the monthly payment would be $608.29 ($30,000 + $6,497.40 ÷ 60 = $552.50). Our free car loan calculator ...
Estimate your monthly payments with Cars.com's car loan calculator and see how factors like loan term, down payment and interest rate affect payments.
The most powerful auto loan calculator on the market from Kelley Blue Book, the most trusted name in the automotive world. Determine the monthly payment and total cost of a car loan instantly ...
Use this auto loan calculator when comparing available rates to estimate what your car loan will really cost, minus additional fees that lenders may enforce. Simply enter the amount you wish to ...
Auto payment calculators will likely use the same formulas your lender does to calculate your total interest and monthly payments. To calculate the car payment for your loan, you will need your estimated loan principal, interest rate or annual percentage rate, and loan term. With this information, you can calculate your total and monthly ...
Estimated auto payment: Once you enter the above information into our car loan calculator, you’ll see your estimated monthly payment. In Q2 2024, the average new car payment was $734 and the average used car payment was $525, according to Experian’s State of the Automotive Finance Market Report. If your estimated monthly payment is too high ...
After that, it will calculate the compound interest, estimate tax and title fees, and display the monthly payment. This car loan calculator will help you visualize how changes to your interest ...
This calculator uses the present value equation to calculate a monthly auto loan payment. First the calculator finds the interest rate as an equivalent monthly rate rather than the yearly rate that you input. Then the calculator solves the present value equation for payment, noted as PMT: P M T = P V i (1 + i) n (1 + i) n − 1.
Enter a total loan amount into this auto loan calculator to estimate your monthly payment, or determine your loan amount by car price, trade-in value and other factors. Total loan amount $. The total amount you wish to finance for your auto loan (for example, the price of the car plus taxes and fees and minus any down payment or trade-in value).
Our auto loan payment calculator can help estimate the monthly car payments of your next vehicle. Enter the detail about your down payment, cost of car, loan term and more. You'll easily see how these factors may affect your monthly payment. Get started with our auto payment calculator and get an estimate of your monthly car payment in an instant.
Our car loan calculator will calculate your monthly interest repayment over several years then compare them to a separate monthly repayment period, which you can choose. Car Loan Formula. The Car Loan Calculator uses the following basic formula: Monthly Car Loan Payment = { Rate + Rate / [(1 + Rate) months-1] } x Principal Car Loan Amount. Where: