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
$ 638 / month
Amount financed
$32,293
Total interest
$5,982
Total of payments
$38,275
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 (Maine 5.500%) $1,925.00
Taxable amount $35,000.00
Trade-in tax credit $0.00
+ Doc, title & registration fees $2,293
= Amount financed $32,293
Effective monthly rate
0.575%
Payoff date Oct 2031
Interest as % of loan
18.5%
Trade-in tax treatment: Full credit
Advertisement

Your next steps

You estimated $638/month on about $32,293 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 $637.92 $452.24 $185.68 $31,840.76
2 $637.92 $454.84 $183.08 $31,385.92
3 $637.92 $457.45 $180.47 $30,928.47
4 $637.92 $460.08 $177.84 $30,468.39
5 $637.92 $462.73 $175.19 $30,005.66
6 $637.92 $465.39 $172.53 $29,540.27
7 $637.92 $468.06 $169.86 $29,072.21
8 $637.92 $470.75 $167.17 $28,601.46
9 $637.92 $473.46 $164.46 $28,128.00
10 $637.92 $476.18 $161.74 $27,651.82
11 $637.92 $478.92 $159.00 $27,172.90
12 $637.92 $481.68 $156.24 $26,691.22
13 $637.92 $484.45 $153.47 $26,206.77
14 $637.92 $487.23 $150.69 $25,719.54
15 $637.92 $490.03 $147.89 $25,229.51
16 $637.92 $492.85 $145.07 $24,736.66
17 $637.92 $495.68 $142.24 $24,240.98
18 $637.92 $498.53 $139.39 $23,742.45
19 $637.92 $501.40 $136.52 $23,241.05
20 $637.92 $504.28 $133.64 $22,736.77
21 $637.92 $507.18 $130.74 $22,229.59
22 $637.92 $510.10 $127.82 $21,719.49
23 $637.92 $513.03 $124.89 $21,206.46
24 $637.92 $515.98 $121.94 $20,690.48
25 $637.92 $518.95 $118.97 $20,171.53
26 $637.92 $521.93 $115.99 $19,649.60
27 $637.92 $524.93 $112.99 $19,124.67
28 $637.92 $527.95 $109.97 $18,596.72
29 $637.92 $530.99 $106.93 $18,065.73
30 $637.92 $534.04 $103.88 $17,531.69
31 $637.92 $537.11 $100.81 $16,994.58
32 $637.92 $540.20 $97.72 $16,454.38
33 $637.92 $543.31 $94.61 $15,911.07
34 $637.92 $546.43 $91.49 $15,364.64
35 $637.92 $549.57 $88.35 $14,815.07
36 $637.92 $552.73 $85.19 $14,262.34
37 $637.92 $555.91 $82.01 $13,706.43
38 $637.92 $559.11 $78.81 $13,147.32
39 $637.92 $562.32 $75.60 $12,585.00
40 $637.92 $565.56 $72.36 $12,019.44
41 $637.92 $568.81 $69.11 $11,450.63
42 $637.92 $572.08 $65.84 $10,878.55
43 $637.92 $575.37 $62.55 $10,303.18
44 $637.92 $578.68 $59.24 $9,724.50
45 $637.92 $582.00 $55.92 $9,142.50
46 $637.92 $585.35 $52.57 $8,557.15
47 $637.92 $588.72 $49.20 $7,968.43
48 $637.92 $592.10 $45.82 $7,376.33
49 $637.92 $595.51 $42.41 $6,780.82
50 $637.92 $598.93 $38.99 $6,181.89
51 $637.92 $602.37 $35.55 $5,579.52
52 $637.92 $605.84 $32.08 $4,973.68
53 $637.92 $609.32 $28.60 $4,364.36
54 $637.92 $612.82 $25.10 $3,751.54
55 $637.92 $616.35 $21.57 $3,135.19
56 $637.92 $619.89 $18.03 $2,515.30
57 $637.92 $623.46 $14.46 $1,891.84
58 $637.92 $627.04 $10.88 $1,264.80
59 $637.92 $630.65 $7.27 $634.15
60 $637.80 $634.15 $3.65 $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.

More calculators & data

New tool

Affordability calculator

Enter your monthly budget and see the max car price you can afford.

 New tool

Refinance calculator

Compare your current loan to a lower rate — monthly savings and break-even.

 New tool

Lease vs buy calculator

Same car, same term — which one costs less and what you own at the end.

 Quarterly data

Car sales tax by state

Average rates, doc fee caps, and trade-in rules for all 50 states.

Guides for smarter car financing

6 min read

Wisconsin Car Loan Calculator: Estimate Your Auto Payment

Use a Wisconsin car loan calculator to estimate monthly payments based on vehicle price, down payment, trade-in, APR and loan term.

6 min read

Maryland Car Loan Calculator: Estimate Your Monthly Payment

Estimate a Maryland auto loan payment using vehicle price, down payment, trade-in, APR and loan term.

6 min read

Missouri Car Loan Calculator: Estimate Monthly Car Payments

Calculate an estimated Missouri car payment using vehicle price, down payment, trade-in equity, APR and loan term.

6 min read

Indiana Car Loan Calculator: Estimate Your Auto Loan Payment

Estimate an Indiana vehicle loan payment using vehicle price, down payment, trade-in, APR, loan term and fees.