Free tool
Car payment calculator
Estimate a monthly payment by price, down payment, trade-in, APR, and term — before you talk to a dealer or a lender.
Same loan, five lengths
What each term really costs.
Using the price, down payment, APR and tax you entered above. The bar shows the interest you would pay. Tap a term to switch to it.
A smaller payment usually means more total interest. Compare both numbers.
How the number is worked out
Four things move the payment.
Longer is smaller
Stretching 60 months to 84 lowers the monthly figure and raises the total interest. Watch both numbers, not one.
Rate does the damage
A point or two of APR moves the total cost more than most people expect over a long term.
Both reduce the loan
A trade-in works like cash down here. Together they set what you actually borrow.
In the loan or not
Rolling tax in keeps cash in your pocket and adds interest on the tax itself.
Before you sign