Before applying for an auto loan, it’s important to know if you can afford the monthly payments. With our auto loan calculator, finding out your monthly car loan payment or total lifetime interest is easy.
How to use our auto loan calculator
To estimate your monthly car payment, simply enter:
- The anticipated loan amount, including fees for taxes and the title
- Down payment or trade in amount
- Interest rate percentage and loan term (in months)
The results will reveal your estimated monthly car loan payment amount, plus total lifetime interest. By adjusting the auto loan amount and other fields, you can better understand how much you can borrow to finance your next car and avoid overpaying once you’re ready to make a purchase.