Auto Loan Calculator
Calculate your monthly car payment and total loan cost including taxes, fees, and trade-in value.
Loan Payment Summary
Loan Amount:$0
Monthly Payment:$0
Total Interest:$0
$0
Total Cost of Vehicle
Payment Breakdown Over Time
📊 Showing sample data ($25,000 loan at 5% for 60 months). Enter your loan details above to see your personalized breakdown.
Principal Payment
Interest Payment
Remaining Balance
$25,000
Sample Loan Amount
$3,307
Sample Interest
$28,307
Sample Total Paid
Vehicle Loan Parameters
💡 Quick Facts
🚗 Average car loses 20% value
in the first year after purchase!
💰 Credit score impact
100-point increase can save $50+ monthly
⚡ Best time to buy
End of month/quarter for best deals
📊 Length matters
84-month loans cost $8k+ more interest
🎯 20/4/10 rule
20% down, 4-year max, 10% of income
🔍 Hidden costs
Insurance, maintenance add $200+/month
🏦 Pre-approval power
Shop rates before shopping cars for better deals
🚙 New vs used rates
Used car rates average 2-4% higher
⏰ Refinancing sweet spot
Refinance when rates drop 1%+ or credit improves
🎁 Dealer incentives
0% APR often means higher car price
💎 Gap insurance
Covers loan balance if car is totaled
📈 Payment frequency hack
Bi-weekly payments save $1,000s in interest