Estimate your monthly car payment in a few quick steps.
Add the total purchase price of the vehicle (before your down payment).
Enter the amount you plan to pay upfront to reduce the loan amount.
Select how many years you plan to finance the loan (for example, 3–7 years).
Input the annual interest rate (APR) from your lender to calculate the payment and total interest.
Your payment depends on the loan amount (price minus down payment), the interest rate, and the loan term.
This calculator estimates loan payments based on your inputs. If your total price includes taxes and fees, include them in the vehicle price to account for them.
An amortization schedule shows how each payment is split between interest and principal and how your balance decreases over time.