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
$ 632 / month
Amount financed
$31,986
Total interest
$5,925
Total of payments
$37,911
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 (Oklahoma 4.500%) $1,575.00
Taxable amount $35,000.00
Trade-in tax credit $0.00
+ Doc, title & registration fees $1,986
= Amount financed $31,986
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 $632/month on about $31,986 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 $631.85 $447.93 $183.92 $31,538.07
2 $631.85 $450.51 $181.34 $31,087.56
3 $631.85 $453.10 $178.75 $30,634.46
4 $631.85 $455.70 $176.15 $30,178.76
5 $631.85 $458.32 $173.53 $29,720.44
6 $631.85 $460.96 $170.89 $29,259.48
7 $631.85 $463.61 $168.24 $28,795.87
8 $631.85 $466.27 $165.58 $28,329.60
9 $631.85 $468.95 $162.90 $27,860.65
10 $631.85 $471.65 $160.20 $27,389.00
11 $631.85 $474.36 $157.49 $26,914.64
12 $631.85 $477.09 $154.76 $26,437.55
13 $631.85 $479.83 $152.02 $25,957.72
14 $631.85 $482.59 $149.26 $25,475.13
15 $631.85 $485.37 $146.48 $24,989.76
16 $631.85 $488.16 $143.69 $24,501.60
17 $631.85 $490.97 $140.88 $24,010.63
18 $631.85 $493.79 $138.06 $23,516.84
19 $631.85 $496.63 $135.22 $23,020.21
20 $631.85 $499.48 $132.37 $22,520.73
21 $631.85 $502.36 $129.49 $22,018.37
22 $631.85 $505.24 $126.61 $21,513.13
23 $631.85 $508.15 $123.70 $21,004.98
24 $631.85 $511.07 $120.78 $20,493.91
25 $631.85 $514.01 $117.84 $19,979.90
26 $631.85 $516.97 $114.88 $19,462.93
27 $631.85 $519.94 $111.91 $18,942.99
28 $631.85 $522.93 $108.92 $18,420.06
29 $631.85 $525.93 $105.92 $17,894.13
30 $631.85 $528.96 $102.89 $17,365.17
31 $631.85 $532.00 $99.85 $16,833.17
32 $631.85 $535.06 $96.79 $16,298.11
33 $631.85 $538.14 $93.71 $15,759.97
34 $631.85 $541.23 $90.62 $15,218.74
35 $631.85 $544.34 $87.51 $14,674.40
36 $631.85 $547.47 $84.38 $14,126.93
37 $631.85 $550.62 $81.23 $13,576.31
38 $631.85 $553.79 $78.06 $13,022.52
39 $631.85 $556.97 $74.88 $12,465.55
40 $631.85 $560.17 $71.68 $11,905.38
41 $631.85 $563.39 $68.46 $11,341.99
42 $631.85 $566.63 $65.22 $10,775.36
43 $631.85 $569.89 $61.96 $10,205.47
44 $631.85 $573.17 $58.68 $9,632.30
45 $631.85 $576.46 $55.39 $9,055.84
46 $631.85 $579.78 $52.07 $8,476.06
47 $631.85 $583.11 $48.74 $7,892.95
48 $631.85 $586.47 $45.38 $7,306.48
49 $631.85 $589.84 $42.01 $6,716.64
50 $631.85 $593.23 $38.62 $6,123.41
51 $631.85 $596.64 $35.21 $5,526.77
52 $631.85 $600.07 $31.78 $4,926.70
53 $631.85 $603.52 $28.33 $4,323.18
54 $631.85 $606.99 $24.86 $3,716.19
55 $631.85 $610.48 $21.37 $3,105.71
56 $631.85 $613.99 $17.86 $2,491.72
57 $631.85 $617.52 $14.33 $1,874.20
58 $631.85 $621.07 $10.78 $1,253.13
59 $631.85 $624.64 $7.21 $628.49
60 $632.10 $628.49 $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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