Auto Loan & Car Payment Calculator
Estimated Payment & Total Cost
In the US, 60-month and 72-month terms are most common to lower monthly payments, though shorter terms save thousands in interest.
Loan Term Comparison (36 to 84 Months)
| Term | Monthly Payment | Total Interest | Total Cost |
|---|---|---|---|
| 36 months (3 years) | $ 780.63 | $ 2,632.68 | $ 32,102.68 |
| 48 months (4 years) | $ 604.02 | $ 3,522.95 | $ 32,992.95 |
| 60 months (5 years) | $ 498.35 | $ 4,430.99 | $ 33,900.99 |
| 72 months (6 years) | $ 428.15 | $ 5,356.72 | $ 34,826.72 |
| 84 months (7 years) | $ 378.22 | $ 6,300.07 | $ 35,770.07 |
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How it works
Enter vehicle purchase price and your cash down payment amount.
Add trade-in equity (if trading in an existing vehicle) and loan interest rate (APR).
Choose your loan term (36 to 84 months) and compare monthly payments vs total interest paid.
Frequently asked questions
How is sales tax applied to auto loans?
In most US states, the trade-in allowance is deducted from the purchase price before sales tax is calculated, reducing the total tax owed.
What is APR in auto financing?
Annual Percentage Rate (APR) represents the true yearly cost of borrowing, including the baseline interest rate and mandatory lender fees.
Is this tool free?
Yes. The site is supported by ads, so you never pay or need to create an account.
Does it work on mobile?
Yes. The page adapts to your screen and does not require installing any app.