CalculatorZoneHow to use the auto loan calculator
Enter the vehicle price, down payment, trade-in, interest rate, term in months and sales tax.
How the auto loan calculator works
The loan amount is the vehicle price plus sales tax, minus your down payment and trade-in. The monthly payment then follows the standard amortization formula using your rate and term in months.
Frequently asked questions
What is a good auto loan term?
Shorter terms such as 48 to 60 months cost less interest, though payments are higher.
Does a trade-in lower my payment?
Yes. It reduces the amount you borrow.
Are registration fees included?
No. Add them to the price if you plan to finance them.