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
$ 626 / month
Amount financed
$31,671
Total interest
$5,867
Total of payments
$37,538
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 (Colorado 2.900%) $1,015.00
Taxable amount $35,000.00
Trade-in tax credit $0.00
+ Doc, title & registration fees $1,671
= Amount financed $31,671
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 $626/month on about $31,671 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 $625.63 $443.52 $182.11 $31,227.48
2 $625.63 $446.07 $179.56 $30,781.41
3 $625.63 $448.64 $176.99 $30,332.77
4 $625.63 $451.22 $174.41 $29,881.55
5 $625.63 $453.81 $171.82 $29,427.74
6 $625.63 $456.42 $169.21 $28,971.32
7 $625.63 $459.04 $166.59 $28,512.28
8 $625.63 $461.68 $163.95 $28,050.60
9 $625.63 $464.34 $161.29 $27,586.26
10 $625.63 $467.01 $158.62 $27,119.25
11 $625.63 $469.69 $155.94 $26,649.56
12 $625.63 $472.40 $153.23 $26,177.16
13 $625.63 $475.11 $150.52 $25,702.05
14 $625.63 $477.84 $147.79 $25,224.21
15 $625.63 $480.59 $145.04 $24,743.62
16 $625.63 $483.35 $142.28 $24,260.27
17 $625.63 $486.13 $139.50 $23,774.14
18 $625.63 $488.93 $136.70 $23,285.21
19 $625.63 $491.74 $133.89 $22,793.47
20 $625.63 $494.57 $131.06 $22,298.90
21 $625.63 $497.41 $128.22 $21,801.49
22 $625.63 $500.27 $125.36 $21,301.22
23 $625.63 $503.15 $122.48 $20,798.07
24 $625.63 $506.04 $119.59 $20,292.03
25 $625.63 $508.95 $116.68 $19,783.08
26 $625.63 $511.88 $113.75 $19,271.20
27 $625.63 $514.82 $110.81 $18,756.38
28 $625.63 $517.78 $107.85 $18,238.60
29 $625.63 $520.76 $104.87 $17,717.84
30 $625.63 $523.75 $101.88 $17,194.09
31 $625.63 $526.76 $98.87 $16,667.33
32 $625.63 $529.79 $95.84 $16,137.54
33 $625.63 $532.84 $92.79 $15,604.70
34 $625.63 $535.90 $89.73 $15,068.80
35 $625.63 $538.98 $86.65 $14,529.82
36 $625.63 $542.08 $83.55 $13,987.74
37 $625.63 $545.20 $80.43 $13,442.54
38 $625.63 $548.34 $77.29 $12,894.20
39 $625.63 $551.49 $74.14 $12,342.71
40 $625.63 $554.66 $70.97 $11,788.05
41 $625.63 $557.85 $67.78 $11,230.20
42 $625.63 $561.06 $64.57 $10,669.14
43 $625.63 $564.28 $61.35 $10,104.86
44 $625.63 $567.53 $58.10 $9,537.33
45 $625.63 $570.79 $54.84 $8,966.54
46 $625.63 $574.07 $51.56 $8,392.47
47 $625.63 $577.37 $48.26 $7,815.10
48 $625.63 $580.69 $44.94 $7,234.41
49 $625.63 $584.03 $41.60 $6,650.38
50 $625.63 $587.39 $38.24 $6,062.99
51 $625.63 $590.77 $34.86 $5,472.22
52 $625.63 $594.16 $31.47 $4,878.06
53 $625.63 $597.58 $28.05 $4,280.48
54 $625.63 $601.02 $24.61 $3,679.46
55 $625.63 $604.47 $21.16 $3,074.99
56 $625.63 $607.95 $17.68 $2,467.04
57 $625.63 $611.44 $14.19 $1,855.60
58 $625.63 $614.96 $10.67 $1,240.64
59 $625.63 $618.50 $7.13 $622.14
60 $625.72 $622.14 $3.58 $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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