Car payment calculator

Enter the price you expect to pay and the loan terms. The plate shows the monthly payment; the table shows what you still owe at the end of each year.

Price with tax and fees

Use the out-the-door figure if you have it.

Cash down payment

Trade-in equity

Trade-in value minus what you still owe on it.

APR

Loan term

Monthly payment — —

Amount financed: —
Total interest: —
Total of payments: —
Last payment: —

What you still owe at the end of each year
Year	Interest that year	Balance left

Find financing for this loan

Find financing for this payment

Describe the car and the loan in five answers. Lenditia sends your request to auto lenders, car dealers and loan brokers, who may contact you with financing options. Nothing is agreed until you sign a contract with one of them.

1 The car, the amount, your credit and ZIP code.
2 Your name, phone, email and consent to be contacted.
3 An auto lender, car dealer or loan broker may call, text or email you. Compare any offer by APR and total cost before you sign.

Step 1 of 2

What are you financing?

How much do you want to borrow?

After your down payment and trade-in.

Your credit score, roughly

A guess is fine. Lenders check it themselves.

ZIP code

When do you need the money?

This week Within 30 days Still shopping

Sending a request costs you nothing. Lenditia is not a lender and is paid by the auto lenders, car dealers and loan brokers who receive requests; they set their own rates and terms. How we make money.

How the payment is worked out

The amount financed is the price minus your cash down payment and trade-in equity. The calculator spreads it over the term in equal monthly payments: each month, interest is the balance times the APR divided by 12, and the rest of the payment reduces the balance. That is how simple-interest car loans in the US work.

For example, $25,000 at 7% APR for 60 months costs $495.03 a month. Over five years you pay about $4,702 in interest, so the loan costs $29,702 in all.

What the figure leaves out

The result is an estimate, not an offer. A lender sets your APR from your credit, the car and the term, and the contract may finance items you did not enter here, such as a service contract or GAP coverage. Compare any offer by its APR and the total of payments printed on the retail installment contract. To price taxes, fees and a trade-in properly, start with the out-the-door price calculator.