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
$ 640 / month
Amount financed
$32,418
Total interest
$6,005
Total of payments
$38,423
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 (North Carolina 4.750%) $1,662.50
Taxable amount $35,000.00
Trade-in tax credit $0.00
+ Doc, title & registration fees $2,418
= Amount financed $32,418
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 $640/month on about $32,418 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 $640.38 $453.98 $186.40 $31,963.52
2 $640.38 $456.59 $183.79 $31,506.93
3 $640.38 $459.22 $181.16 $31,047.71
4 $640.38 $461.86 $178.52 $30,585.85
5 $640.38 $464.51 $175.87 $30,121.34
6 $640.38 $467.18 $173.20 $29,654.16
7 $640.38 $469.87 $170.51 $29,184.29
8 $640.38 $472.57 $167.81 $28,711.72
9 $640.38 $475.29 $165.09 $28,236.43
10 $640.38 $478.02 $162.36 $27,758.41
11 $640.38 $480.77 $159.61 $27,277.64
12 $640.38 $483.53 $156.85 $26,794.11
13 $640.38 $486.31 $154.07 $26,307.80
14 $640.38 $489.11 $151.27 $25,818.69
15 $640.38 $491.92 $148.46 $25,326.77
16 $640.38 $494.75 $145.63 $24,832.02
17 $640.38 $497.60 $142.78 $24,334.42
18 $640.38 $500.46 $139.92 $23,833.96
19 $640.38 $503.33 $137.05 $23,330.63
20 $640.38 $506.23 $134.15 $22,824.40
21 $640.38 $509.14 $131.24 $22,315.26
22 $640.38 $512.07 $128.31 $21,803.19
23 $640.38 $515.01 $125.37 $21,288.18
24 $640.38 $517.97 $122.41 $20,770.21
25 $640.38 $520.95 $119.43 $20,249.26
26 $640.38 $523.95 $116.43 $19,725.31
27 $640.38 $526.96 $113.42 $19,198.35
28 $640.38 $529.99 $110.39 $18,668.36
29 $640.38 $533.04 $107.34 $18,135.32
30 $640.38 $536.10 $104.28 $17,599.22
31 $640.38 $539.18 $101.20 $17,060.04
32 $640.38 $542.28 $98.10 $16,517.76
33 $640.38 $545.40 $94.98 $15,972.36
34 $640.38 $548.54 $91.84 $15,423.82
35 $640.38 $551.69 $88.69 $14,872.13
36 $640.38 $554.87 $85.51 $14,317.26
37 $640.38 $558.06 $82.32 $13,759.20
38 $640.38 $561.26 $79.12 $13,197.94
39 $640.38 $564.49 $75.89 $12,633.45
40 $640.38 $567.74 $72.64 $12,065.71
41 $640.38 $571.00 $69.38 $11,494.71
42 $640.38 $574.29 $66.09 $10,920.42
43 $640.38 $577.59 $62.79 $10,342.83
44 $640.38 $580.91 $59.47 $9,761.92
45 $640.38 $584.25 $56.13 $9,177.67
46 $640.38 $587.61 $52.77 $8,590.06
47 $640.38 $590.99 $49.39 $7,999.07
48 $640.38 $594.39 $45.99 $7,404.68
49 $640.38 $597.80 $42.58 $6,806.88
50 $640.38 $601.24 $39.14 $6,205.64
51 $640.38 $604.70 $35.68 $5,600.94
52 $640.38 $608.17 $32.21 $4,992.77
53 $640.38 $611.67 $28.71 $4,381.10
54 $640.38 $615.19 $25.19 $3,765.91
55 $640.38 $618.73 $21.65 $3,147.18
56 $640.38 $622.28 $18.10 $2,524.90
57 $640.38 $625.86 $14.52 $1,899.04
58 $640.38 $629.46 $10.92 $1,269.58
59 $640.38 $633.08 $7.30 $636.50
60 $640.16 $636.50 $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.

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.