Auto Loan Calculator

About Auto Loan Calculator

Our comprehensive auto loan calculator helps you plan your vehicle financing with precision. Whether you're purchasing a new car, refinancing an existing loan, or exploring different payment strategies, this tool provides detailed insights into your auto loan.

Calculate your monthly auto loan payments based on loan amount, interest rate, and term length. Our calculator supports loan terms from 12 to 84 months, allowing you to find the payment schedule that fits your budget. With support for extra payments, you can see how making additional principal payments affects your total interest and payoff timeline.

Understanding your credit score's impact on auto loan rates is crucial. Our credit score analysis feature shows you how different credit ranges affect interest rates, helping you understand potential savings by improving your credit before applying for a loan. Excellent credit scores (750+) typically qualify for the lowest rates, while scores below 600 may face higher interest charges.

For California residents, our calculator includes state-specific sales tax presets. California's base sales tax rate of 7.25% is automatically applied when you select the California preset, making it easier to calculate the true cost of your vehicle purchase including taxes and fees.

Refinancing your auto loan can save you money if interest rates have dropped or your credit has improved. Our refinance calculator compares your current loan terms with new terms, showing potential monthly and total savings. This helps you make informed decisions about whether refinancing makes financial sense.

Trade-in values reduce your loan amount, lowering both monthly payments and total interest. Our calculator accounts for trade-in values when calculating your financing needs, giving you a complete picture of your purchase.

The amortization schedule provides a month-by-month breakdown of your loan payments, showing how much goes toward principal versus interest. This detailed payment schedule helps you understand how your loan balance decreases over time and how extra payments accelerate your payoff.

All fees including registration fees, documentation fees, and other charges are included in the total cost calculation. This ensures you have a complete understanding of the true cost of financing your vehicle, not just the loan amount and interest.

Export your payment schedule to Excel for further analysis or record-keeping. Our calculator is designed to be mobile-friendly, so you can calculate your auto loan payments on any device, anywhere.