CarLoanCalc
Finance-desk accurate · 50 states

Car Loan Monthly Payment Calculator

Work out your real monthly payment the way a dealership finance desk does — sales tax by state, trade-in equity, doc & title fees, and a full amortization schedule.

19 Free・No signup · No credit check · Estimates only

Loan details

Leave at $0 if your trade-in is paid off.
Sets sales tax rate and average dealer fees for your state.
Adjust numbers above, then click calculate
Estimated monthly payment
$ 640 / month
Amount financed
$32,415
Total interest
$6,005
Total of payments
$38,420
Due at signing
$5,000

How this payment breaks down

Vehicle price $35,000
− Down payment $5,000
− Net trade-in equity $0
Sales tax (Arizona 5.600%) $1,960.00
Taxable amount $35,000.00
Trade-in tax credit $0.00
+ Doc, title & registration fees $2,415
= Amount financed $32,415
Effective monthly rate
0.575%
Payoff date Oct 2031
Interest as % of loan
18.5%
Trade-in tax treatment: Full credit
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Your next steps

You estimated $640/month on about $32,415 financed. Use the tools below to compare real offers or prepare for the purchase.

View full schedule

Amortization schedule

Click to view the complete 60-month payment schedule

⌄
# Payment Principal Interest Balance
1 $640.33 $453.94 $186.39 $31,961.06
2 $640.33 $456.55 $183.78 $31,504.51
3 $640.33 $459.18 $181.15 $31,045.33
4 $640.33 $461.82 $178.51 $30,583.51
5 $640.33 $464.47 $175.86 $30,119.04
6 $640.33 $467.15 $173.18 $29,651.89
7 $640.33 $469.83 $170.50 $29,182.06
8 $640.33 $472.53 $167.80 $28,709.53
9 $640.33 $475.25 $165.08 $28,234.28
10 $640.33 $477.98 $162.35 $27,756.30
11 $640.33 $480.73 $159.60 $27,275.57
12 $640.33 $483.50 $156.83 $26,792.07
13 $640.33 $486.28 $154.05 $26,305.79
14 $640.33 $489.07 $151.26 $25,816.72
15 $640.33 $491.88 $148.45 $25,324.84
16 $640.33 $494.71 $145.62 $24,830.13
17 $640.33 $497.56 $142.77 $24,332.57
18 $640.33 $500.42 $139.91 $23,832.15
19 $640.33 $503.30 $137.03 $23,328.85
20 $640.33 $506.19 $134.14 $22,822.66
21 $640.33 $509.10 $131.23 $22,313.56
22 $640.33 $512.03 $128.30 $21,801.53
23 $640.33 $514.97 $125.36 $21,286.56
24 $640.33 $517.93 $122.40 $20,768.63
25 $640.33 $520.91 $119.42 $20,247.72
26 $640.33 $523.91 $116.42 $19,723.81
27 $640.33 $526.92 $113.41 $19,196.89
28 $640.33 $529.95 $110.38 $18,666.94
29 $640.33 $533.00 $107.33 $18,133.94
30 $640.33 $536.06 $104.27 $17,597.88
31 $640.33 $539.14 $101.19 $17,058.74
32 $640.33 $542.24 $98.09 $16,516.50
33 $640.33 $545.36 $94.97 $15,971.14
34 $640.33 $548.50 $91.83 $15,422.64
35 $640.33 $551.65 $88.68 $14,870.99
36 $640.33 $554.82 $85.51 $14,316.17
37 $640.33 $558.01 $82.32 $13,758.16
38 $640.33 $561.22 $79.11 $13,196.94
39 $640.33 $564.45 $75.88 $12,632.49
40 $640.33 $567.69 $72.64 $12,064.80
41 $640.33 $570.96 $69.37 $11,493.84
42 $640.33 $574.24 $66.09 $10,919.60
43 $640.33 $577.54 $62.79 $10,342.06
44 $640.33 $580.86 $59.47 $9,761.20
45 $640.33 $584.20 $56.13 $9,177.00
46 $640.33 $587.56 $52.77 $8,589.44
47 $640.33 $590.94 $49.39 $7,998.50
48 $640.33 $594.34 $45.99 $7,404.16
49 $640.33 $597.76 $42.57 $6,806.40
50 $640.33 $601.19 $39.14 $6,205.21
51 $640.33 $604.65 $35.68 $5,600.56
52 $640.33 $608.13 $32.20 $4,992.43
53 $640.33 $611.62 $28.71 $4,380.81
54 $640.33 $615.14 $25.19 $3,765.67
55 $640.33 $618.68 $21.65 $3,146.99
56 $640.33 $622.23 $18.10 $2,524.76
57 $640.33 $625.81 $14.52 $1,898.95
58 $640.33 $629.41 $10.92 $1,269.54
59 $640.33 $633.03 $7.30 $636.51
60 $640.17 $636.51 $3.66 $0.00

Frequently asked questions

How accurate is this calculator?

It uses the standard amortization formula used by banks and dealership finance departments. It includes estimated state sales tax, dealer fees, trade-in equity and financing assumptions. Your lender's final APR and fees may differ.

Does trade-in value reduce my sales tax?

Many states allow trade-in credits to reduce the taxable amount. This calculator applies the selected state's rule.

Should I finance sales tax and fees?

Rolling taxes and fees into the loan reduces cash required at signing, but increases the financed amount and total interest paid.

How much car can I afford?

Start with your monthly budget using our affordability calculator, and see average rates by credit score before you compare offers.

Should I refinance or buy?

See how much a lower rate saves with the refinance calculator, and compare leasing vs buying the same car.

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