Estimate your monthly car payment in seconds
Enter the car price, your down payment, the annual interest rate offered by your lender, and the loan term in years. Click Calculate Payment to see your estimated monthly payment and total amount paid over the life of the loan. Adjust any field to compare scenarios before you visit the dealership.
No. The calculator estimates the loan on the financed amount (car price minus down payment). Add taxes, registration and dealer fees separately.
Excellent credit may qualify for 4–6% APR; average credit typically sees 7–12% APR for new vehicles.
A longer term lowers your monthly payment but increases total interest. A 72-month loan costs more overall than a 48-month loan for the same amount.
A larger down payment reduces the amount financed, lowering both monthly payment and total interest. Aim for 10–20% down when possible.
