Car Loan Calculator — Payment, Budget, Payoff & Offers
Calculate a car payment from the complete deal, reverse a monthly budget, test extra-payment payoff, compare two offers, or estimate a lease.
Car payment and out-the-door cost
Build the complete deal before calculating the amount financed and amortization.
Vehicle price from a monthly budget
Work backward from a target payment while keeping tax, fees, trade equity, and cash credits visible.
Car loan early payoff calculator
Compare the current payment path with recurring and one-time principal payments.
Compare two auto loan offers
Test lender quotes, cash-rebate alternatives, or a current loan against refinancing.
Lease payment estimate
Separate depreciation, rent charge, tax, due-at-signing cash, and total lease cost.
Loan balance by year
Calculation
Amortization schedule
Car payment calculator with the complete deal
A useful payment starts with the amount financed, not just the sticker price. Purchase mode adds estimated sales tax, title and registration, dealer or lender fees, add-ons, trade payoff, and then subtracts cash, trade value, and rebate credits.
Compare total cost, not only monthly payment
A longer term can reduce the payment while increasing the finance charge. Compare mode shows payment, financed amount, interest, fees, term, and total loan cost side by side.
Negative equity and tax assumptions
Any amount owed above the trade-in credit is added to financing. Sales-tax treatment varies by state, so choose whether the estimate taxes full price, price after trade-in, or price after both trade-in and rebate.
Early payoff assumptions
Payoff mode applies the scheduled payment first, then recurring and one-time extras to principal. Confirm that your contract has no prepayment penalty and that your servicer applies extra money to principal.
Frequently asked questions
What is the out-the-door price?
It is the vehicle price plus taxes and transaction costs before down payment, trade-in, rebate, or financing choices are applied.
Is APR the same as the interest rate?
APR is intended to reflect the annual cost of credit and can include certain lender charges. Compare the disclosures for each real offer.
Does the budget result prove affordability?
No. It is a reverse loan calculation. Fuel, insurance, maintenance, repairs, parking, and other ownership costs are outside the payment target.
Why can a lower payment cost more?
Extending the term spreads principal across more months and can add interest. Always compare total loan cost and payoff date.
Method and consumer sources
The deal worksheet follows the categories in the CFPB auto-loan worksheet. Definitions and amortization context come from the CFPB auto-loan key terms. The FTC guide to financing or leasing a car recommends getting the out-the-door price and comparing APR, term, amount financed, and total cost. Results are estimates; lender disclosures and state rules control.
Related calculators
Compare non-vehicle borrowing with the loan calculator, plan housing costs with the mortgage calculator, or model growth with the compound interest calculator.
