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
$ 631 / month
Amount financed
$31,966
Total interest
$5,921
Total of payments
$37,887
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 (Louisiana 4.450%) $1,557.50
Taxable amount $35,000.00
Trade-in tax credit $0.00
+ Doc, title & registration fees $1,966
= Amount financed $31,966
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 $631/month on about $31,966 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 $631.45 $447.65 $183.80 $31,517.85
2 $631.45 $450.22 $181.23 $31,067.63
3 $631.45 $452.81 $178.64 $30,614.82
4 $631.45 $455.41 $176.04 $30,159.41
5 $631.45 $458.03 $173.42 $29,701.38
6 $631.45 $460.67 $170.78 $29,240.71
7 $631.45 $463.32 $168.13 $28,777.39
8 $631.45 $465.98 $165.47 $28,311.41
9 $631.45 $468.66 $162.79 $27,842.75
10 $631.45 $471.35 $160.10 $27,371.40
11 $631.45 $474.06 $157.39 $26,897.34
12 $631.45 $476.79 $154.66 $26,420.55
13 $631.45 $479.53 $151.92 $25,941.02
14 $631.45 $482.29 $149.16 $25,458.73
15 $631.45 $485.06 $146.39 $24,973.67
16 $631.45 $487.85 $143.60 $24,485.82
17 $631.45 $490.66 $140.79 $23,995.16
18 $631.45 $493.48 $137.97 $23,501.68
19 $631.45 $496.32 $135.13 $23,005.36
20 $631.45 $499.17 $132.28 $22,506.19
21 $631.45 $502.04 $129.41 $22,004.15
22 $631.45 $504.93 $126.52 $21,499.22
23 $631.45 $507.83 $123.62 $20,991.39
24 $631.45 $510.75 $120.70 $20,480.64
25 $631.45 $513.69 $117.76 $19,966.95
26 $631.45 $516.64 $114.81 $19,450.31
27 $631.45 $519.61 $111.84 $18,930.70
28 $631.45 $522.60 $108.85 $18,408.10
29 $631.45 $525.60 $105.85 $17,882.50
30 $631.45 $528.63 $102.82 $17,353.87
31 $631.45 $531.67 $99.78 $16,822.20
32 $631.45 $534.72 $96.73 $16,287.48
33 $631.45 $537.80 $93.65 $15,749.68
34 $631.45 $540.89 $90.56 $15,208.79
35 $631.45 $544.00 $87.45 $14,664.79
36 $631.45 $547.13 $84.32 $14,117.66
37 $631.45 $550.27 $81.18 $13,567.39
38 $631.45 $553.44 $78.01 $13,013.95
39 $631.45 $556.62 $74.83 $12,457.33
40 $631.45 $559.82 $71.63 $11,897.51
41 $631.45 $563.04 $68.41 $11,334.47
42 $631.45 $566.28 $65.17 $10,768.19
43 $631.45 $569.53 $61.92 $10,198.66
44 $631.45 $572.81 $58.64 $9,625.85
45 $631.45 $576.10 $55.35 $9,049.75
46 $631.45 $579.41 $52.04 $8,470.34
47 $631.45 $582.75 $48.70 $7,887.59
48 $631.45 $586.10 $45.35 $7,301.49
49 $631.45 $589.47 $41.98 $6,712.02
50 $631.45 $592.86 $38.59 $6,119.16
51 $631.45 $596.26 $35.19 $5,522.90
52 $631.45 $599.69 $31.76 $4,923.21
53 $631.45 $603.14 $28.31 $4,320.07
54 $631.45 $606.61 $24.84 $3,713.46
55 $631.45 $610.10 $21.35 $3,103.36
56 $631.45 $613.61 $17.84 $2,489.75
57 $631.45 $617.13 $14.32 $1,872.62
58 $631.45 $620.68 $10.77 $1,251.94
59 $631.45 $624.25 $7.20 $627.69
60 $631.30 $627.69 $3.61 $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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Average rates, doc fee caps, and trade-in rules for all 50 states.

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