Calculate your car loan payment and total interest, then review a first-year amortization table and an up-to-60-month balance chart. Adjust the term, down payment, trade-in value, sales tax, and fees to test your auto loan assumptions. Already have a loan? Compare a new quote with the auto loan refinance savings calculator.
Loan Details
14.3% of vehicle price
Enter the note rate from your loan quote and compare multiple lenders.
Title, registration, documentation fees
Monthly Payment
$674.54
Loan Amount
$34,475
Total Interest
$5,998
Out-the-Door Price
$39,475
Cost Breakdown
Trade-in sales-tax treatment varies by jurisdiction. The checkbox controls whether eligible trade value reduces the taxable price.
- Principal
- Interest
Payment Schedule Over Time
- Remaining Balance
- Principal Payment
- Interest Payment
Amortization Schedule (First 12 Months)
| Month | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
| 1 | $674.54 | $487.8 | $186.74 | $33,987.2 |
| 2 | $674.54 | $490.45 | $184.1 | $33,496.75 |
| 3 | $674.54 | $493.1 | $181.44 | $33,003.65 |
| 4 | $674.54 | $495.77 | $178.77 | $32,507.88 |
| 5 | $674.54 | $498.46 | $176.08 | $32,009.42 |
| 6 | $674.54 | $501.16 | $173.38 | $31,508.26 |
| 7 | $674.54 | $503.87 | $170.67 | $31,004.39 |
| 8 | $674.54 | $506.6 | $167.94 | $30,497.78 |
| 9 | $674.54 | $509.35 | $165.2 | $29,988.44 |
| 10 | $674.54 | $512.11 | $162.44 | $29,476.33 |
| 11 | $674.54 | $514.88 | $159.66 | $28,961.45 |
| 12 | $674.54 | $517.67 | $156.87 | $28,443.78 |
Showing first 12 payments of 60 total payments
Auto Loan Tips & Considerations
Down Payment Benefits
A larger down payment reduces your loan amount, monthly payments, and total interest paid. Aim for at least 20% down to avoid being upside-down on your loan.
Loan Term Trade-offs
Longer terms mean lower monthly payments but more total interest. Shorter terms have higher payments but save money over time and build equity faster.
Interest Rate Impact
Shop around for the best rates. A 1% difference in interest rate can save thousands over the loan term. Credit score, loan term, and down payment all affect your rate.
Total Cost of Ownership
Remember to budget for insurance, maintenance, fuel, and depreciation. These costs can significantly impact your total transportation expenses.
Explore Car & Transportation
Auto loans, lease vs buy, and transportation costs
View all car & transportation calculators →Related Calculators
Fuel Savings Calculator
Calculate potential savings from switching to a more efficient gas, diesel, hybrid, or electric vehicle.
Car Affordability Calculator
Determine how much car you can afford based on your income and financial situation.
Lease Return vs Buyout Calculator
Compare lease-end acquisition, financing, disposition, and replacement-vehicle costs in today's dollars using net present value.
Car Lease Vs Buy Calculator
Advanced comparison of leasing versus buying a car including money factor analysis, residual values, tax treatment, mileage penalties, insurance costs, and present value calculations.