Car Loan Calculator

Auto Loan Calculator

Car Price?:

Down Payment Amount?:

Loan Amount?:

Enter a "0" (zero) for one unknown value above.

Number of Months? (#):

Annual Interest Rate?:

Payment Method?:

Payment Amount:

Down Payment Percent:

Total Interest:

Total Principal & Interest:

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Auto Loan Calculator Help

Use this calculator to calculate loan details when the down payment is expressed as an amount.

Unlike a general loan calculator, this calculator allows for two unknown values. In addition to solving for the monthly payment amount, it will also calculate the "Car Price", the "Down Payment Amount" or the "Loan Amount". Just enter a "0" (zero) for one of the three values and provide the other two.

Note that the calculator calculates what percentage the down payment is of the price of the car. This is handy when a lender requires a borrower to provide a minimum percentage cash deposit.

The term (duration) of the loan is expressed as a number of months.

60 months = 5 years

120 months = 10 years

180 months = 15 years

240 months = 20 years

360 months = 30 years

If you need the ability to print the amortization schedule, or more flexibility such as selecting different payment or compounding frequencies or the ability to calculate term or interest rate, please see the auto loan calculator here: https://AccurateCalculators.com/auto-loan-calculator

Currency and Date Conventions

All calculators will remember your choice. You may also change it at any time.

Clicking "Save changes" will cause the calculator to reload. Your edits will be lost.

“Get an accurate estimate of your monthly car loan payments and find the best deal for your budget with our easy-to-use car loan calculator. Simply enter your loan amount, interest rate, and loan term to compare your options and find the right car loan for you. Start saving time and money on your car loan today with our reliable and user-friendly calculator.”

–“Disclaimer: The car loan calculator provided by How2invest is intended to provide users with a general estimate of their monthly car loan payments. The results generated by the calculator are only an approximation and should not be considered a guarantee of actual loan terms or payment amounts. Interest rates and other loan terms are subject to change and may vary based on individual circumstances. It is strongly recommended that users consult with a financial expert before making any decisions regarding a car loan. How2invest accepts no responsibility for any errors or omissions in the information provided by the calculator or for any actions taken based on the results generated by the calculator.”