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
$ 641 / month
Amount financed
$32,430
Total interest
$6,008
Total of payments
$38,438
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 (Kentucky 6.000%) $2,100.00
Taxable amount $35,000.00
Trade-in tax credit $0.00
+ Doc, title & registration fees $2,430
= Amount financed $32,430
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 $641/month on about $32,430 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 $640.62 $454.15 $186.47 $31,975.85
2 $640.62 $456.76 $183.86 $31,519.09
3 $640.62 $459.39 $181.23 $31,059.70
4 $640.62 $462.03 $178.59 $30,597.67
5 $640.62 $464.68 $175.94 $30,132.99
6 $640.62 $467.36 $173.26 $29,665.63
7 $640.62 $470.04 $170.58 $29,195.59
8 $640.62 $472.75 $167.87 $28,722.84
9 $640.62 $475.46 $165.16 $28,247.38
10 $640.62 $478.20 $162.42 $27,769.18
11 $640.62 $480.95 $159.67 $27,288.23
12 $640.62 $483.71 $156.91 $26,804.52
13 $640.62 $486.49 $154.13 $26,318.03
14 $640.62 $489.29 $151.33 $25,828.74
15 $640.62 $492.10 $148.52 $25,336.64
16 $640.62 $494.93 $145.69 $24,841.71
17 $640.62 $497.78 $142.84 $24,343.93
18 $640.62 $500.64 $139.98 $23,843.29
19 $640.62 $503.52 $137.10 $23,339.77
20 $640.62 $506.42 $134.20 $22,833.35
21 $640.62 $509.33 $131.29 $22,324.02
22 $640.62 $512.26 $128.36 $21,811.76
23 $640.62 $515.20 $125.42 $21,296.56
24 $640.62 $518.16 $122.46 $20,778.40
25 $640.62 $521.14 $119.48 $20,257.26
26 $640.62 $524.14 $116.48 $19,733.12
27 $640.62 $527.15 $113.47 $19,205.97
28 $640.62 $530.19 $110.43 $18,675.78
29 $640.62 $533.23 $107.39 $18,142.55
30 $640.62 $536.30 $104.32 $17,606.25
31 $640.62 $539.38 $101.24 $17,066.87
32 $640.62 $542.49 $98.13 $16,524.38
33 $640.62 $545.60 $95.02 $15,978.78
34 $640.62 $548.74 $91.88 $15,430.04
35 $640.62 $551.90 $88.72 $14,878.14
36 $640.62 $555.07 $85.55 $14,323.07
37 $640.62 $558.26 $82.36 $13,764.81
38 $640.62 $561.47 $79.15 $13,203.34
39 $640.62 $564.70 $75.92 $12,638.64
40 $640.62 $567.95 $72.67 $12,070.69
41 $640.62 $571.21 $69.41 $11,499.48
42 $640.62 $574.50 $66.12 $10,924.98
43 $640.62 $577.80 $62.82 $10,347.18
44 $640.62 $581.12 $59.50 $9,766.06
45 $640.62 $584.47 $56.15 $9,181.59
46 $640.62 $587.83 $52.79 $8,593.76
47 $640.62 $591.21 $49.41 $8,002.55
48 $640.62 $594.61 $46.01 $7,407.94
49 $640.62 $598.02 $42.60 $6,809.92
50 $640.62 $601.46 $39.16 $6,208.46
51 $640.62 $604.92 $35.70 $5,603.54
52 $640.62 $608.40 $32.22 $4,995.14
53 $640.62 $611.90 $28.72 $4,383.24
54 $640.62 $615.42 $25.20 $3,767.82
55 $640.62 $618.96 $21.66 $3,148.86
56 $640.62 $622.51 $18.11 $2,526.35
57 $640.62 $626.09 $14.53 $1,900.26
58 $640.62 $629.69 $10.93 $1,270.57
59 $640.62 $633.31 $7.31 $637.26
60 $640.92 $637.26 $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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