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Free car payment calculator. Estimate monthly payments based on car price, down payment, interest rate, and loan term.
The car payment calculator estimates the monthly cost of a vehicle based on price, down payment, trade-in value, sales tax, interest rate, and loan term. It also shows the total amount financed and the total interest charge.
Anyone shopping for a vehicle, trading one in, or rolling negative equity into a new loan. It is also useful for budgeters checking whether a particular vehicle realistically fits their monthly cash flow.
It shows whether the dealer's quoted payment number actually pencils out, and it makes monthly-payment shopping honest by comparing identical scenarios across rates and terms. It also surfaces the cost of stretching a loan to lower the payment.
It answers questions like "What is my payment on a $28,500 SUV with $4,000 down at 7.9%?", "How does adding a trade-in change the monthly cost?", and "What is the difference between a 60- and 72-month payment on the same car?"