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
$ 654 / month
Amount financed
$33,129
Total interest
$6,137
Total of payments
$39,266
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 (New Jersey 6.625%) $2,318.75
Taxable amount $35,000.00
Trade-in tax credit $0.00
+ Doc, title & registration fees $3,129
= Amount financed $33,129
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 $654/month on about $33,129 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 $654.43 $463.94 $190.49 $32,664.81
2 $654.43 $466.61 $187.82 $32,198.20
3 $654.43 $469.29 $185.14 $31,728.91
4 $654.43 $471.99 $182.44 $31,256.92
5 $654.43 $474.70 $179.73 $30,782.22
6 $654.43 $477.43 $177.00 $30,304.79
7 $654.43 $480.18 $174.25 $29,824.61
8 $654.43 $482.94 $171.49 $29,341.67
9 $654.43 $485.72 $168.71 $28,855.95
10 $654.43 $488.51 $165.92 $28,367.44
11 $654.43 $491.32 $163.11 $27,876.12
12 $654.43 $494.14 $160.29 $27,381.98
13 $654.43 $496.98 $157.45 $26,885.00
14 $654.43 $499.84 $154.59 $26,385.16
15 $654.43 $502.72 $151.71 $25,882.44
16 $654.43 $505.61 $148.82 $25,376.83
17 $654.43 $508.51 $145.92 $24,868.32
18 $654.43 $511.44 $142.99 $24,356.88
19 $654.43 $514.38 $140.05 $23,842.50
20 $654.43 $517.34 $137.09 $23,325.16
21 $654.43 $520.31 $134.12 $22,804.85
22 $654.43 $523.30 $131.13 $22,281.55
23 $654.43 $526.31 $128.12 $21,755.24
24 $654.43 $529.34 $125.09 $21,225.90
25 $654.43 $532.38 $122.05 $20,693.52
26 $654.43 $535.44 $118.99 $20,158.08
27 $654.43 $538.52 $115.91 $19,619.56
28 $654.43 $541.62 $112.81 $19,077.94
29 $654.43 $544.73 $109.70 $18,533.21
30 $654.43 $547.86 $106.57 $17,985.35
31 $654.43 $551.01 $103.42 $17,434.34
32 $654.43 $554.18 $100.25 $16,880.16
33 $654.43 $557.37 $97.06 $16,322.79
34 $654.43 $560.57 $93.86 $15,762.22
35 $654.43 $563.80 $90.63 $15,198.42
36 $654.43 $567.04 $87.39 $14,631.38
37 $654.43 $570.30 $84.13 $14,061.08
38 $654.43 $573.58 $80.85 $13,487.50
39 $654.43 $576.88 $77.55 $12,910.62
40 $654.43 $580.19 $74.24 $12,330.43
41 $654.43 $583.53 $70.90 $11,746.90
42 $654.43 $586.89 $67.54 $11,160.01
43 $654.43 $590.26 $64.17 $10,569.75
44 $654.43 $593.65 $60.78 $9,976.10
45 $654.43 $597.07 $57.36 $9,379.03
46 $654.43 $600.50 $53.93 $8,778.53
47 $654.43 $603.95 $50.48 $8,174.58
48 $654.43 $607.43 $47.00 $7,567.15
49 $654.43 $610.92 $43.51 $6,956.23
50 $654.43 $614.43 $40.00 $6,341.80
51 $654.43 $617.96 $36.47 $5,723.84
52 $654.43 $621.52 $32.91 $5,102.32
53 $654.43 $625.09 $29.34 $4,477.23
54 $654.43 $628.69 $25.74 $3,848.54
55 $654.43 $632.30 $22.13 $3,216.24
56 $654.43 $635.94 $18.49 $2,580.30
57 $654.43 $639.59 $14.84 $1,940.71
58 $654.43 $643.27 $11.16 $1,297.44
59 $654.43 $646.97 $7.46 $650.47
60 $654.21 $650.47 $3.74 $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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