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
$ 651 / month
Amount financed
$32,968
Total interest
$6,107
Total of payments
$39,075
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 (Connecticut 6.350%) $2,222.50
Taxable amount $35,000.00
Trade-in tax credit $0.00
+ Doc, title & registration fees $2,968
= Amount financed $32,968
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 $651/month on about $32,968 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 $651.24 $461.68 $189.56 $32,505.82
2 $651.24 $464.33 $186.91 $32,041.49
3 $651.24 $467.00 $184.24 $31,574.49
4 $651.24 $469.69 $181.55 $31,104.80
5 $651.24 $472.39 $178.85 $30,632.41
6 $651.24 $475.10 $176.14 $30,157.31
7 $651.24 $477.84 $173.40 $29,679.47
8 $651.24 $480.58 $170.66 $29,198.89
9 $651.24 $483.35 $167.89 $28,715.54
10 $651.24 $486.13 $165.11 $28,229.41
11 $651.24 $488.92 $162.32 $27,740.49
12 $651.24 $491.73 $159.51 $27,248.76
13 $651.24 $494.56 $156.68 $26,754.20
14 $651.24 $497.40 $153.84 $26,256.80
15 $651.24 $500.26 $150.98 $25,756.54
16 $651.24 $503.14 $148.10 $25,253.40
17 $651.24 $506.03 $145.21 $24,747.37
18 $651.24 $508.94 $142.30 $24,238.43
19 $651.24 $511.87 $139.37 $23,726.56
20 $651.24 $514.81 $136.43 $23,211.75
21 $651.24 $517.77 $133.47 $22,693.98
22 $651.24 $520.75 $130.49 $22,173.23
23 $651.24 $523.74 $127.50 $21,649.49
24 $651.24 $526.76 $124.48 $21,122.73
25 $651.24 $529.78 $121.46 $20,592.95
26 $651.24 $532.83 $118.41 $20,060.12
27 $651.24 $535.89 $115.35 $19,524.23
28 $651.24 $538.98 $112.26 $18,985.25
29 $651.24 $542.07 $109.17 $18,443.18
30 $651.24 $545.19 $106.05 $17,897.99
31 $651.24 $548.33 $102.91 $17,349.66
32 $651.24 $551.48 $99.76 $16,798.18
33 $651.24 $554.65 $96.59 $16,243.53
34 $651.24 $557.84 $93.40 $15,685.69
35 $651.24 $561.05 $90.19 $15,124.64
36 $651.24 $564.27 $86.97 $14,560.37
37 $651.24 $567.52 $83.72 $13,992.85
38 $651.24 $570.78 $80.46 $13,422.07
39 $651.24 $574.06 $77.18 $12,848.01
40 $651.24 $577.36 $73.88 $12,270.65
41 $651.24 $580.68 $70.56 $11,689.97
42 $651.24 $584.02 $67.22 $11,105.95
43 $651.24 $587.38 $63.86 $10,518.57
44 $651.24 $590.76 $60.48 $9,927.81
45 $651.24 $594.16 $57.08 $9,333.65
46 $651.24 $597.57 $53.67 $8,736.08
47 $651.24 $601.01 $50.23 $8,135.07
48 $651.24 $604.46 $46.78 $7,530.61
49 $651.24 $607.94 $43.30 $6,922.67
50 $651.24 $611.43 $39.81 $6,311.24
51 $651.24 $614.95 $36.29 $5,696.29
52 $651.24 $618.49 $32.75 $5,077.80
53 $651.24 $622.04 $29.20 $4,455.76
54 $651.24 $625.62 $25.62 $3,830.14
55 $651.24 $629.22 $22.02 $3,200.92
56 $651.24 $632.83 $18.41 $2,568.09
57 $651.24 $636.47 $14.77 $1,931.62
58 $651.24 $640.13 $11.11 $1,291.49
59 $651.24 $643.81 $7.43 $647.68
60 $651.40 $647.68 $3.72 $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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