Car Payment Calculator
Free car payment calculator. Estimate monthly auto loan payments with down payment and trade-in.
Loan Details
Calculate with price, down payment, trade-in value, and sales tax.
Total Cost
See total interest paid and total cost of the vehicle.
Comparison
Compare different loan terms (36, 48, 60, 72 months).
FAQ
How is a car payment calculated?
Monthly Payment = P × r(1+r)^n / ((1+r)^n - 1), where P is principal, r is monthly rate, n is number of payments.
What is a good interest rate for a car loan?
As of 2024, good rates are 4-6% for new cars and 6-9% for used cars, depending on credit score.