Car Loan Payment & Total Interest Calculator (Auto Loan Amortization)
Calculate exact monthly car loan payments, total interest paid, and total cost of financing with down payment, sales tax, trade-in allowance, and loan terms from 24 to 84 months.
Estimated Monthly Payment
Calculator Inputs
Estimated Monthly Payment
Total Finance Interest Paid
Net Financed Principal
Total Cost of Payments
Total Loan Cost Composition: Financed Principal vs Bank Interest
Standard financial amortization formula. Actual rates and fees depend on lender credit tiers.
This calculator is designed for educational and informational purposes based on publicly declared statutory frameworks. The outputs do not constitute binding financial, tax, or legal advice. We assume no liability for decisions made based on these estimates. Always verify with the relevant official authorities or a certified professional advisor.
Calculation Methodology
Principal = Price + Tax - Down Payment - Trade-in. Monthly Rate r = (APR% / 100) / 12. Monthly Payment = P * [r(1+r)^n] / [(1+r)^n - 1]. Total Interest = (Payment * n) - Principal.
Frequently Asked Questions
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