Auto Loan Calculator: Monthly Payment & Cumulative Interest
Use our simple auto loan calculator to figure out how much car you can afford. If you can’t buy a quality used car in cash, I recommend choosing a car that you can purchase with comfortable payments over no more than four years (48 months).

Can you afford this payment? Use our car affordability calculator to find out.

Auto loan rates

About our car loan calculator

Use our auto loan calculator to estimate your monthly car payment based upon the price of the car, your down payment and trade-in allowance, taxes and fees, and the interest rate and term of your auto loan. See how changing one factor (such as your down payment, term or the interest rate of the car loan) will affect your down payment.

The auto loan calculator will also show you the total interest paid if you hold your car loan for the full term. Don’t overlook this number! Even though you pay the interest over many years, this is real money that gets added to the total purchase price of the car. If you want to save money, look at ways you can reduce the interest you pay: Buy a less expensive car, put more money down, and/or get a shorter loan with larger monthly payments (if you can afford them).

What’s next?

Get free dealer pricing on your new car
Use Edmunds to get dealers to fight for your business! Pick your car and see the best price before you leave app德扑圈官方网址home.

Compare car loan rates and get approved for financing before you shop
Easy 3-minute pre-approval. No obligation. Past credit problems OK.

Check your credit before you apply!
Avoid surprises and get the interest rate you deserve. Learn how to get a truly free credit score in minutes.

Don’t forget to consider car insurance
Compare the best companies for young adults.

Compare today’s best auto loan rates. Click ‘next’ to learn more or apply online.

About the

Total Articles: 352
David Weliver is the founder of Money Under 30. He's a cited ity on personal finance and the unique money issues he faced during his first two decades as an adult. He lives in Maine with his wife and two children.

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