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Free auto loan calculator. Estimate monthly car payments, total interest, and compare loan terms for vehicle financing.
The auto loan calculator estimates the monthly payment on a vehicle loan by accounting for the price, down payment, trade-in value, interest rate, sales tax, and loan term. It also totals the interest paid over the life of the loan.
Car shoppers running the numbers before stepping onto a dealer lot, current owners weighing a refinance, and credit-union members comparing financing offers. Dealers also use one to walk customers through payment scenarios.
It reveals the true monthly cost of a car at a given price and rate, so buyers can negotiate from real numbers rather than the dealer's payment estimate. It also exposes how much extra a longer term costs in interest.
It answers questions like "What is my monthly payment on a $32,000 vehicle at 8% for 60 months?", "How much will a larger down payment save me?", and "Is a 72-month loan really worth the lower payment?"