Auto Loan Payment Calculator
Loans & DebtCalculate the monthly payment for an auto loan from the amount financed, rate, and term.
Changing the display currency only changes the symbol shown — amounts aren't converted, since this tool doesn't use live exchange rates.
Monthly payment
$0
Total paid: $0
Total interest: $0
Amortization schedule
| # | Payment | Principal | Interest | Balance |
|---|
How this is calculated
Uses the standard fixed-rate amortization formula M = P·r(1+r)^n / ((1+r)^n − 1), where P is the loan amount, r is the monthly interest rate, and n is the number of monthly payments. Each payment is split into interest (balance × monthly rate) and principal (the rest), and the balance declines every month until it reaches zero at the final payment.
Frequently asked questions
- How is this different from the Car Loan Calculator?
- This one starts directly from the amount you’re financing; the Car Loan Calculator walks through vehicle price, trade-in, and sales tax first to arrive at that financed amount.
Related calculators
Car Loan Calculator
Calculate your monthly car payment including trade-in value and sales tax.
Loan Interest Calculator
See exactly how much total interest you’ll pay over the life of a loan.
Loan Payoff Calculator
See how much sooner a loan is paid off — and how much interest you save — with extra payments.