Car Loan Calculator
Calculate financed amount, monthly payment, and total interest for auto loan scenarios.
This calculator is part of the debt payoff calculators hub cluster and supports scenario-based planning across adjacent entities.
Loan amount
$32,800.00
Monthly payment
$634.12
Total interest
$5,246.95
Total paid
$38,046.95
Scenario Compare
Save up to 4 car loan scenarios.
No scenarios saved yet.
| Month | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $634.12 | $470.12 | $164.00 | $32,329.88 |
| 2 | $634.12 | $472.47 | $161.65 | $31,857.42 |
| 3 | $634.12 | $474.83 | $159.29 | $31,382.59 |
| 4 | $634.12 | $477.20 | $156.91 | $30,905.39 |
| 5 | $634.12 | $479.59 | $154.53 | $30,425.80 |
| 6 | $634.12 | $481.99 | $152.13 | $29,943.81 |
| 7 | $634.12 | $484.40 | $149.72 | $29,459.41 |
| 8 | $634.12 | $486.82 | $147.30 | $28,972.59 |
| 9 | $634.12 | $489.25 | $144.86 | $28,483.34 |
| 10 | $634.12 | $491.70 | $142.42 | $27,991.64 |
| 11 | $634.12 | $494.16 | $139.96 | $27,497.48 |
| 12 | $634.12 | $496.63 | $137.49 | $27,000.86 |
| 13 | $634.12 | $499.11 | $135.00 | $26,501.74 |
| 14 | $634.12 | $501.61 | $132.51 | $26,000.14 |
| 15 | $634.12 | $504.12 | $130.00 | $25,496.02 |
| 16 | $634.12 | $506.64 | $127.48 | $24,989.39 |
| 17 | $634.12 | $509.17 | $124.95 | $24,480.22 |
| 18 | $634.12 | $511.71 | $122.40 | $23,968.50 |
| 19 | $634.12 | $514.27 | $119.84 | $23,454.23 |
| 20 | $634.12 | $516.84 | $117.27 | $22,937.38 |
| 21 | $634.12 | $519.43 | $114.69 | $22,417.96 |
| 22 | $634.12 | $522.03 | $112.09 | $21,895.93 |
| 23 | $634.12 | $524.64 | $109.48 | $21,371.29 |
| 24 | $634.12 | $527.26 | $106.86 | $20,844.03 |
| 25 | $634.12 | $529.90 | $104.22 | $20,314.14 |
| 26 | $634.12 | $532.55 | $101.57 | $19,781.59 |
| 27 | $634.12 | $535.21 | $98.91 | $19,246.38 |
| 28 | $634.12 | $537.88 | $96.23 | $18,708.50 |
| 29 | $634.12 | $540.57 | $93.54 | $18,167.93 |
| 30 | $634.12 | $543.28 | $90.84 | $17,624.65 |
| 31 | $634.12 | $545.99 | $88.12 | $17,078.66 |
| 32 | $634.12 | $548.72 | $85.39 | $16,529.94 |
| 33 | $634.12 | $551.47 | $82.65 | $15,978.47 |
| 34 | $634.12 | $554.22 | $79.89 | $15,424.25 |
| 35 | $634.12 | $556.99 | $77.12 | $14,867.25 |
| 36 | $634.12 | $559.78 | $74.34 | $14,307.47 |
| 37 | $634.12 | $562.58 | $71.54 | $13,744.89 |
| 38 | $634.12 | $565.39 | $68.72 | $13,179.50 |
| 39 | $634.12 | $568.22 | $65.90 | $12,611.28 |
| 40 | $634.12 | $571.06 | $63.06 | $12,040.22 |
| 41 | $634.12 | $573.91 | $60.20 | $11,466.31 |
| 42 | $634.12 | $576.78 | $57.33 | $10,889.53 |
| 43 | $634.12 | $579.67 | $54.45 | $10,309.86 |
| 44 | $634.12 | $582.57 | $51.55 | $9,727.29 |
| 45 | $634.12 | $585.48 | $48.64 | $9,141.81 |
| 46 | $634.12 | $588.41 | $45.71 | $8,553.40 |
| 47 | $634.12 | $591.35 | $42.77 | $7,962.06 |
| 48 | $634.12 | $594.31 | $39.81 | $7,367.75 |
| 49 | $634.12 | $597.28 | $36.84 | $6,770.47 |
| 50 | $634.12 | $600.26 | $33.85 | $6,170.21 |
| 51 | $634.12 | $603.26 | $30.85 | $5,566.94 |
| 52 | $634.12 | $606.28 | $27.83 | $4,960.66 |
| 53 | $634.12 | $609.31 | $24.80 | $4,351.35 |
| 54 | $634.12 | $612.36 | $21.76 | $3,738.99 |
| 55 | $634.12 | $615.42 | $18.69 | $3,123.57 |
| 56 | $634.12 | $618.50 | $15.62 | $2,505.07 |
| 57 | $634.12 | $621.59 | $12.53 | $1,883.48 |
| 58 | $634.12 | $624.70 | $9.42 | $1,258.78 |
| 59 | $634.12 | $627.82 | $6.29 | $630.96 |
| 60 | $634.12 | $630.96 | $3.15 | $0.00 |
Insights
Generate a concise interpretation of your inputs and outputs. This is educational and hypothetical.
When This Calculator Can Mislead
Results can be misleading when assumptions are overly optimistic or inputs are inconsistent with real cash flow constraints.
Always test conservative and base-case assumptions and compare against related tools for contextual validation.
Contextual Links
What It Is
The car loan calculator estimates financed amount, monthly payment, total interest, and total repayment cost.
It supports down payment, trade-in value, and sales tax so financing estimates are closer to real purchase scenarios.
How It Works
Vehicle price is adjusted for sales tax, then reduced by down payment and trade-in to determine financed principal.
The loan is then amortized monthly using the selected APR and term to produce payment and balance breakdown.
Formula
Financed amount = vehicle price * (1 + sales tax rate) - down payment - trade-in value.
Monthly payment for fixed loan: M = P*r/(1-(1+r)^-n).
Example
Increasing down payment can reduce monthly payment and lifetime interest paid.
Comparing 4-year vs 6-year terms helps reveal the tradeoff between affordability and total financing cost.
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Frequently Asked Questions
Does this include insurance, maintenance, or registration?
No. It models financing only.
Can I model dealer incentives or rebates?
Not directly in this version; adjust vehicle price manually.
Is sales tax optional?
Yes. Set sales tax to 0% when not applicable.
Continue Exploring
Explore parent context in the debt payoff calculators hub (Debt Hub).
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Mortgage Payoff Calculator
Model mortgage payoff timeline and total interest with optional extra monthly payments.
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View monthly payment split, interest cost, and remaining balance over loan term.
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Estimate payoff timeline, total interest, and total paid for revolving credit card balances.
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Model student loan monthly payment, payoff timeline, and interest savings from extra payments.