Auto Loan Calculator CalculatorScale.com
Currency:

Auto Loan Calculator

Calculate exact monthly car payments, trade-in equity impact, state sales taxes, and complete payoff schedules.

Instructions: Modify the values and click the Calculate button to use.

Vehicle Purchase Parameters

$
$40,000
$
60 Months (5 yrs)
6% APR
%
$
$
Trade-in Vehicle EquityNet Equity: $6,000.00
%
$
Estimated Monthly Payment
Monthly Auto Payment:
$594.87/mo
For 60 months at 6% APR • Financed: $30,770.00
Upfront Due at Signing$5,000.00
Total Loan Interest$4,922.20

Complete Transaction Cost Breakdown

Vehicle Sticker Price$40,000.00
Total Financed Loan Amount (Principal)$30,770.00
Estimated Sales Tax (7.25%)$2,320.00
Title, Registration & Dealer Fees$450.00
Total of 60 Loan Payments$35,692.20
Total Loan Interest Paid$4,922.20
Total Overall Cost of Ownership$46,692.20
Principal86.2%
Principal$30,770.00
Interest$4,922.20