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Auto Loan Calculator

Calculate car loan payments including tax, fees, and trade-in

Vehicle & Loan Details

$
$
$
%
months
%
$

Documentation, registration

Monthly Payment

$507.74

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Total Loan Amount

$25,950

💰

Total Interest

$4,514.49

📊

Total Cost

$30,464.49

Including all costs

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Cost Breakdown

Vehicle Price:$35,000
Sales Tax (7%):$2,450
Fees:$500
Down Payment:-$7,000
Trade-In:-$5,000
Amount to Finance:$25,950

Total Cost Visualization

Understanding Auto Loans

Key Tips

  • 20% down payment recommended
  • Keep loan term under 60 months
  • Shop around for best rates
  • Consider total cost, not just monthly payment

Hidden Costs

  • Sales tax (varies by state)
  • Registration & title fees
  • Documentation fees
  • Extended warranties (optional)