Payment planning
Use it to set a monthly budget before comparing vehicles.
Finance calculators
Car Payment Calculator
Calculate a car payment from vehicle price, down payment, trade-in, sales tax, APR, and term.
Complete guide
How to use Car Payment Calculator
The Car Payment Calculator helps shoppers estimate a realistic monthly payment before visiting a dealer or lender. Adjust price, APR, term, down payment, and trade-in to compare financing scenarios.
APR sensitivity
Small APR changes can noticeably change the total interest paid.
Down payment impact
Increasing the down payment lowers the financed balance and monthly payment.
Answers
Car Payment Calculator FAQs
How do I calculate a car payment?
Car payments are based on the amount financed, monthly interest rate, and number of monthly payments.
What loan term should I use?
Common US auto loan terms are 36, 48, 60, 72, and 84 months.
Can I include a trade-in?
Yes. Enter the trade-in value to reduce the amount financed.
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