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🚗 Auto Loan Calculator

For new or used car purchases. Enter the price, down payment, trade-in value, sales tax rate, APR, and term in months. Get monthly payment plus total cost over the life of the loan.

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Examples

New car
Input$35k price, $5k down, 7% APR, 60 months
OutputMonthly ~$594 · Total interest $5,640
Used car shorter term
Input$18k price, $3k down, 8% APR, 48 months
OutputMonthly ~$367 · Total interest $2,600

Frequently asked questions

What is a good auto loan rate?

New car rates vary 4-9% depending on credit. Used: 6-12%. Credit unions typically beat dealer financing by 1-2 points.

How long should the loan be?

Avoid 72+ month auto loans — you will likely owe more than the car is worth for most of the term. 48-60 months is healthier.

Should I take dealer cashback or low APR?

Compare both: cash rebate × (1 + APR × years) vs the value of low APR. Sites that calculate this often favor cash rebates unless the APR offer is genuinely 0%.

About this calculator

Auto Loan Calculator runs entirely in your browser using standard formulas. No data is sent to any server. We don't share your inputs with lenders, brokers, or anyone else — there's no funnel and no follow-up email.

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Why this calculator

vs typical free finance-calculator sites

RichCalcsTypical free site
PriceFreeFree
Signup requiredNoOften (for full results)
Ads inside the calculatorNoYes (banner + sidebar)
Lead capture (email / phone)NoYes — sold to lenders
Data sent to serverNo (browser-only)Yes (analytics + tracking)
Amortization scheduleFull tableOften summary only
Bookmarkable URL per calcYesMixed
Loads in under 1sYes (static)Often slow (ad tracking)
Open sourceYesNo