Auto Loan Calculator
Enter your vehicle purchase details, along with any down payment or trade-in value, sales tax rate, loan term, and APR. This calculator estimates the adjusted loan amount and monthly car payment, plus an optional amortization schedule.
About Our Free Car Loan / Auto Loan Calculator
Our Car Loan / Auto Loan Calculator helps you see how much you’ll borrow after factoring in down payment, trade-in value, and sales tax, then calculates your monthly car payment. You can also view a detailed amortization schedule to understand how your balance decreases over time.
How It Works (Simplified):
- 1. Adjusted Vehicle Cost: Vehicle Price − Trade-In − Down Payment = Subtotal, plus sales tax (if applicable).
- 2. Monthly Payment: We apply the standard loan formula using your APR, for the specified term (in years).
- 3. Amortization Schedule (optional): Shows how each payment’s interest vs. principal portion evolves, plus remaining balance.
Embed this auto loan calculator on your own site using the code above. For more calculators, explore Apex Calculator.