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
$ 646 / month
Amount financed
$32,715
Total interest
$6,060
Total of payments
$38,775
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 (Indiana 7.000%) $2,450.00
Taxable amount $35,000.00
Trade-in tax credit $0.00
+ Doc, title & registration fees $2,715
= Amount financed $32,715
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 $646/month on about $32,715 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 $646.25 $458.14 $188.11 $32,256.86
2 $646.25 $460.77 $185.48 $31,796.09
3 $646.25 $463.42 $182.83 $31,332.67
4 $646.25 $466.09 $180.16 $30,866.58
5 $646.25 $468.77 $177.48 $30,397.81
6 $646.25 $471.46 $174.79 $29,926.35
7 $646.25 $474.17 $172.08 $29,452.18
8 $646.25 $476.90 $169.35 $28,975.28
9 $646.25 $479.64 $166.61 $28,495.64
10 $646.25 $482.40 $163.85 $28,013.24
11 $646.25 $485.17 $161.08 $27,528.07
12 $646.25 $487.96 $158.29 $27,040.11
13 $646.25 $490.77 $155.48 $26,549.34
14 $646.25 $493.59 $152.66 $26,055.75
15 $646.25 $496.43 $149.82 $25,559.32
16 $646.25 $499.28 $146.97 $25,060.04
17 $646.25 $502.15 $144.10 $24,557.89
18 $646.25 $505.04 $141.21 $24,052.85
19 $646.25 $507.95 $138.30 $23,544.90
20 $646.25 $510.87 $135.38 $23,034.03
21 $646.25 $513.80 $132.45 $22,520.23
22 $646.25 $516.76 $129.49 $22,003.47
23 $646.25 $519.73 $126.52 $21,483.74
24 $646.25 $522.72 $123.53 $20,961.02
25 $646.25 $525.72 $120.53 $20,435.30
26 $646.25 $528.75 $117.50 $19,906.55
27 $646.25 $531.79 $114.46 $19,374.76
28 $646.25 $534.85 $111.40 $18,839.91
29 $646.25 $537.92 $108.33 $18,301.99
30 $646.25 $541.01 $105.24 $17,760.98
31 $646.25 $544.12 $102.13 $17,216.86
32 $646.25 $547.25 $99.00 $16,669.61
33 $646.25 $550.40 $95.85 $16,119.21
34 $646.25 $553.56 $92.69 $15,565.65
35 $646.25 $556.75 $89.50 $15,008.90
36 $646.25 $559.95 $86.30 $14,448.95
37 $646.25 $563.17 $83.08 $13,885.78
38 $646.25 $566.41 $79.84 $13,319.37
39 $646.25 $569.66 $76.59 $12,749.71
40 $646.25 $572.94 $73.31 $12,176.77
41 $646.25 $576.23 $70.02 $11,600.54
42 $646.25 $579.55 $66.70 $11,020.99
43 $646.25 $582.88 $63.37 $10,438.11
44 $646.25 $586.23 $60.02 $9,851.88
45 $646.25 $589.60 $56.65 $9,262.28
46 $646.25 $592.99 $53.26 $8,669.29
47 $646.25 $596.40 $49.85 $8,072.89
48 $646.25 $599.83 $46.42 $7,473.06
49 $646.25 $603.28 $42.97 $6,869.78
50 $646.25 $606.75 $39.50 $6,263.03
51 $646.25 $610.24 $36.01 $5,652.79
52 $646.25 $613.75 $32.50 $5,039.04
53 $646.25 $617.28 $28.97 $4,421.76
54 $646.25 $620.82 $25.43 $3,800.94
55 $646.25 $624.39 $21.86 $3,176.55
56 $646.25 $627.98 $18.27 $2,548.57
57 $646.25 $631.60 $14.65 $1,916.97
58 $646.25 $635.23 $11.02 $1,281.74
59 $646.25 $638.88 $7.37 $642.86
60 $646.56 $642.86 $3.70 $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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