Auto Loan Calculator
Estimate your car loan payment after down payment, trade-in and sales tax.
Factor in your down payment, trade-in value and local sales tax to see the real monthly cost of a vehicle.
ResultUpdates as you type
Enter values that leave a positive amount to finance.
How to use
- Enter the vehicle price and your down payment.
- Add any trade-in value and local sales tax rate.
- Set the interest rate and term in months.
Frequently asked questions
Is sales tax financed?
In most US states sales tax is calculated on the price and can be rolled into the loan. This calculator adds tax to the financed amount.
What loan term should I choose?
Shorter terms mean higher payments but far less interest. Terms beyond 60 months lower the payment but you risk owing more than the car is worth.