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
$ 648 / month
Amount financed
$32,813
Total interest
$6,078
Total of payments
$38,891
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 (Massachusetts 6.250%) $2,187.50
Taxable amount $35,000.00
Trade-in tax credit $0.00
+ Doc, title & registration fees $2,813
= Amount financed $32,813
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 $648/month on about $32,813 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 $648.18 $459.51 $188.67 $32,352.99
2 $648.18 $462.15 $186.03 $31,890.84
3 $648.18 $464.81 $183.37 $31,426.03
4 $648.18 $467.48 $180.70 $30,958.55
5 $648.18 $470.17 $178.01 $30,488.38
6 $648.18 $472.87 $175.31 $30,015.51
7 $648.18 $475.59 $172.59 $29,539.92
8 $648.18 $478.33 $169.85 $29,061.59
9 $648.18 $481.08 $167.10 $28,580.51
10 $648.18 $483.84 $164.34 $28,096.67
11 $648.18 $486.62 $161.56 $27,610.05
12 $648.18 $489.42 $158.76 $27,120.63
13 $648.18 $492.24 $155.94 $26,628.39
14 $648.18 $495.07 $153.11 $26,133.32
15 $648.18 $497.91 $150.27 $25,635.41
16 $648.18 $500.78 $147.40 $25,134.63
17 $648.18 $503.66 $144.52 $24,630.97
18 $648.18 $506.55 $141.63 $24,124.42
19 $648.18 $509.46 $138.72 $23,614.96
20 $648.18 $512.39 $135.79 $23,102.57
21 $648.18 $515.34 $132.84 $22,587.23
22 $648.18 $518.30 $129.88 $22,068.93
23 $648.18 $521.28 $126.90 $21,547.65
24 $648.18 $524.28 $123.90 $21,023.37
25 $648.18 $527.30 $120.88 $20,496.07
26 $648.18 $530.33 $117.85 $19,965.74
27 $648.18 $533.38 $114.80 $19,432.36
28 $648.18 $536.44 $111.74 $18,895.92
29 $648.18 $539.53 $108.65 $18,356.39
30 $648.18 $542.63 $105.55 $17,813.76
31 $648.18 $545.75 $102.43 $17,268.01
32 $648.18 $548.89 $99.29 $16,719.12
33 $648.18 $552.05 $96.13 $16,167.07
34 $648.18 $555.22 $92.96 $15,611.85
35 $648.18 $558.41 $89.77 $15,053.44
36 $648.18 $561.62 $86.56 $14,491.82
37 $648.18 $564.85 $83.33 $13,926.97
38 $648.18 $568.10 $80.08 $13,358.87
39 $648.18 $571.37 $76.81 $12,787.50
40 $648.18 $574.65 $73.53 $12,212.85
41 $648.18 $577.96 $70.22 $11,634.89
42 $648.18 $581.28 $66.90 $11,053.61
43 $648.18 $584.62 $63.56 $10,468.99
44 $648.18 $587.98 $60.20 $9,881.01
45 $648.18 $591.36 $56.82 $9,289.65
46 $648.18 $594.76 $53.42 $8,694.89
47 $648.18 $598.18 $50.00 $8,096.71
48 $648.18 $601.62 $46.56 $7,495.09
49 $648.18 $605.08 $43.10 $6,890.01
50 $648.18 $608.56 $39.62 $6,281.45
51 $648.18 $612.06 $36.12 $5,669.39
52 $648.18 $615.58 $32.60 $5,053.81
53 $648.18 $619.12 $29.06 $4,434.69
54 $648.18 $622.68 $25.50 $3,812.01
55 $648.18 $626.26 $21.92 $3,185.75
56 $648.18 $629.86 $18.32 $2,555.89
57 $648.18 $633.48 $14.70 $1,922.41
58 $648.18 $637.13 $11.05 $1,285.28
59 $648.18 $640.79 $7.39 $644.49
60 $648.20 $644.49 $3.71 $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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