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Auto Loan Calculator
See the monthly payment and total interest on a car loan before you visit the dealership.
How this calculator works
Enter the vehicle price, your down payment, the interest rate and the term in months. The loan amount is the price minus the down payment, repaid in equal monthly payments.
Example
A $35,000 car with $5,000 down at 7% over 60 months is a $30,000 loan. The payment is $594.04 a month, with total interest of $5,642.16.
Tips
- Get a loan quote from your bank or credit union first so you can compare it with dealer financing.
- Longer terms lower the payment but add interest, and you may owe more than the car is worth for longer.
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Results are estimates only. See our disclaimer.