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
$ 630 / month
Amount financed
$31,907
Total interest
$5,910
Total of payments
$37,817
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 (Virginia 4.150%) $1,452.50
Taxable amount $35,000.00
Trade-in tax credit $0.00
+ Doc, title & registration fees $1,907
= Amount financed $31,907
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 $630/month on about $31,907 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 $630.28 $446.82 $183.46 $31,459.68
2 $630.28 $449.39 $180.89 $31,010.29
3 $630.28 $451.97 $178.31 $30,558.32
4 $630.28 $454.57 $175.71 $30,103.75
5 $630.28 $457.18 $173.10 $29,646.57
6 $630.28 $459.81 $170.47 $29,186.76
7 $630.28 $462.46 $167.82 $28,724.30
8 $630.28 $465.12 $165.16 $28,259.18
9 $630.28 $467.79 $162.49 $27,791.39
10 $630.28 $470.48 $159.80 $27,320.91
11 $630.28 $473.18 $157.10 $26,847.73
12 $630.28 $475.91 $154.37 $26,371.82
13 $630.28 $478.64 $151.64 $25,893.18
14 $630.28 $481.39 $148.89 $25,411.79
15 $630.28 $484.16 $146.12 $24,927.63
16 $630.28 $486.95 $143.33 $24,440.68
17 $630.28 $489.75 $140.53 $23,950.93
18 $630.28 $492.56 $137.72 $23,458.37
19 $630.28 $495.39 $134.89 $22,962.98
20 $630.28 $498.24 $132.04 $22,464.74
21 $630.28 $501.11 $129.17 $21,963.63
22 $630.28 $503.99 $126.29 $21,459.64
23 $630.28 $506.89 $123.39 $20,952.75
24 $630.28 $509.80 $120.48 $20,442.95
25 $630.28 $512.73 $117.55 $19,930.22
26 $630.28 $515.68 $114.60 $19,414.54
27 $630.28 $518.65 $111.63 $18,895.89
28 $630.28 $521.63 $108.65 $18,374.26
29 $630.28 $524.63 $105.65 $17,849.63
30 $630.28 $527.64 $102.64 $17,321.99
31 $630.28 $530.68 $99.60 $16,791.31
32 $630.28 $533.73 $96.55 $16,257.58
33 $630.28 $536.80 $93.48 $15,720.78
34 $630.28 $539.89 $90.39 $15,180.89
35 $630.28 $542.99 $87.29 $14,637.90
36 $630.28 $546.11 $84.17 $14,091.79
37 $630.28 $549.25 $81.03 $13,542.54
38 $630.28 $552.41 $77.87 $12,990.13
39 $630.28 $555.59 $74.69 $12,434.54
40 $630.28 $558.78 $71.50 $11,875.76
41 $630.28 $561.99 $68.29 $11,313.77
42 $630.28 $565.23 $65.05 $10,748.54
43 $630.28 $568.48 $61.80 $10,180.06
44 $630.28 $571.74 $58.54 $9,608.32
45 $630.28 $575.03 $55.25 $9,033.29
46 $630.28 $578.34 $51.94 $8,454.95
47 $630.28 $581.66 $48.62 $7,873.29
48 $630.28 $585.01 $45.27 $7,288.28
49 $630.28 $588.37 $41.91 $6,699.91
50 $630.28 $591.76 $38.52 $6,108.15
51 $630.28 $595.16 $35.12 $5,512.99
52 $630.28 $598.58 $31.70 $4,914.41
53 $630.28 $602.02 $28.26 $4,312.39
54 $630.28 $605.48 $24.80 $3,706.91
55 $630.28 $608.97 $21.31 $3,097.94
56 $630.28 $612.47 $17.81 $2,485.47
57 $630.28 $615.99 $14.29 $1,869.48
58 $630.28 $619.53 $10.75 $1,249.95
59 $630.28 $623.09 $7.19 $626.86
60 $630.46 $626.86 $3.60 $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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