Tool Introduction
Estimate the monthly payment for a car loan and see the full amortization schedule, payment by payment. Enter the vehicle price, your down payment, any trade-in value, your local sales tax and the loan term, and the calculator works out the loan amount, the fixed monthly payment (or the equal-principal alternative) and the total interest you would pay.
Sales tax is applied to the vehicle price minus the trade-in value, and the loan amount is what is left after your down payment. All calculations run locally in your browser - nothing is sent to a server.