Auto Loan Calculator

Estimate the monthly payment of a new vehicle or the maximum vehicle price for a specified monthly loan payment.

Calculate Payment


Calculate Max Vehicle Price


Loan Estimate:

Monthly Payment

Loan Amount

Total Interest

Total Amount Paid

Learn how we calculated this below

On this page:

How to Use the Auto Loan Calculator

While the loan calculator won’t be perfect, it should give you a close estimate that you can expect for a monthly payment when shopping for a new or used vehicle. You can compare payments for various loan terms and interest rates, which will inform your max vehicle price.

Here’s some more detail on what the fields in the form above mean.

Vehicle price –the price of the vehicle after negotiations, add-ons, and accessories.

Warranty price –the price of an extended warranty, if you choose to purchase one.

Sales tax –the sales tax rate in your area, if any.

Trade-in value –the value of your current vehicle if trading in.

Down payment –the amount of cash you expect to put down at the time of purchase.

Interest rate –the annual interest rate of the loan. This will vary based on the market rates and your credit rating.

Loan term –the number of monthly payments you’ll make on the loan.

You might also be interested in our fuel savings calculator or electric car savings calculator to see how much you’ll save in fuel costs. Opting for a more fuel efficient vehicle might result in less monthly expenses, even with an equal loan payment.