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Auto Loan Calculator

If you're thinking about financing a car, this calculator offers monthly payment and overall cost estimates at a variety of rates and loan terms.

When comparing loans from different lenders, make sure you can answer the following questions:

  • Is the quoted rate the Annual Percentage Rate (APR)? The term APR has legal meanings under the Truth in Lending Act and is the best way to compare loan offers.

  • Are there other fees, such as a "loan origination" fee? These fees could be due at closing or the could be added to your monthly payment - making it higher than you would expect.

  • Are there any penalties for paying off the loan early or paying more than the required monthly payment?

  • What are the situations in which the interest rate could be raised?

  • Is the interest rate fixed or variable? Most auto loans have a fixed rate, so the loan payments don't change. A variable rate loan may have a lower payment, but the payment could go up if interest rates rise.

Loan Details

Registration and dealer doc fees.


Monthly Payment


Total Cost