Step-by-step instructions
- Enter or select Amount financed.
- Enter or select APR (%).
- Enter or select Loan term (months).
- Tap Calculate.
- Review the result shown directly below the calculator.
Auto Loan Calculator
Estimate monthly auto loan payment and total interest.
How to use the Auto Loan Calculator
Estimate monthly auto loan payment and total interest.
What the inputs mean
- Amount financed
- Enter the value requested by this field label.
- APR (%)
- Enter the percentage value requested by the calculator.
- Loan term (months)
- Enter the value requested by this field label.
Formula or calculation method
The standard amortizing-loan payment formula uses the loan amount, periodic interest rate, and number of payments.
Example
Try entering realistic values for Amount financed and APR (%), then tap Calculate to see how the result changes.
How to understand the result
The result estimates the periodic payment based on the information entered. Actual lender payments can differ because of fees, taxes, insurance, or rounding.
Tip: Keep all values in compatible units and use values from the same time period when the calculator compares two amounts.