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
$ 641 / month
Amount financed
$32,465
Total interest
$6,014
Total of payments
$38,479
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 (West Virginia 6.000%) $2,100.00
Taxable amount $35,000.00
Trade-in tax credit $0.00
+ Doc, title & registration fees $2,465
= Amount financed $32,465
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 $641/month on about $32,465 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 $641.32 $454.65 $186.67 $32,010.35
2 $641.32 $457.26 $184.06 $31,553.09
3 $641.32 $459.89 $181.43 $31,093.20
4 $641.32 $462.53 $178.79 $30,630.67
5 $641.32 $465.19 $176.13 $30,165.48
6 $641.32 $467.87 $173.45 $29,697.61
7 $641.32 $470.56 $170.76 $29,227.05
8 $641.32 $473.26 $168.06 $28,753.79
9 $641.32 $475.99 $165.33 $28,277.80
10 $641.32 $478.72 $162.60 $27,799.08
11 $641.32 $481.48 $159.84 $27,317.60
12 $641.32 $484.24 $157.08 $26,833.36
13 $641.32 $487.03 $154.29 $26,346.33
14 $641.32 $489.83 $151.49 $25,856.50
15 $641.32 $492.65 $148.67 $25,363.85
16 $641.32 $495.48 $145.84 $24,868.37
17 $641.32 $498.33 $142.99 $24,370.04
18 $641.32 $501.19 $140.13 $23,868.85
19 $641.32 $504.07 $137.25 $23,364.78
20 $641.32 $506.97 $134.35 $22,857.81
21 $641.32 $509.89 $131.43 $22,347.92
22 $641.32 $512.82 $128.50 $21,835.10
23 $641.32 $515.77 $125.55 $21,319.33
24 $641.32 $518.73 $122.59 $20,800.60
25 $641.32 $521.72 $119.60 $20,278.88
26 $641.32 $524.72 $116.60 $19,754.16
27 $641.32 $527.73 $113.59 $19,226.43
28 $641.32 $530.77 $110.55 $18,695.66
29 $641.32 $533.82 $107.50 $18,161.84
30 $641.32 $536.89 $104.43 $17,624.95
31 $641.32 $539.98 $101.34 $17,084.97
32 $641.32 $543.08 $98.24 $16,541.89
33 $641.32 $546.20 $95.12 $15,995.69
34 $641.32 $549.34 $91.98 $15,446.35
35 $641.32 $552.50 $88.82 $14,893.85
36 $641.32 $555.68 $85.64 $14,338.17
37 $641.32 $558.88 $82.44 $13,779.29
38 $641.32 $562.09 $79.23 $13,217.20
39 $641.32 $565.32 $76.00 $12,651.88
40 $641.32 $568.57 $72.75 $12,083.31
41 $641.32 $571.84 $69.48 $11,511.47
42 $641.32 $575.13 $66.19 $10,936.34
43 $641.32 $578.44 $62.88 $10,357.90
44 $641.32 $581.76 $59.56 $9,776.14
45 $641.32 $585.11 $56.21 $9,191.03
46 $641.32 $588.47 $52.85 $8,602.56
47 $641.32 $591.86 $49.46 $8,010.70
48 $641.32 $595.26 $46.06 $7,415.44
49 $641.32 $598.68 $42.64 $6,816.76
50 $641.32 $602.12 $39.20 $6,214.64
51 $641.32 $605.59 $35.73 $5,609.05
52 $641.32 $609.07 $32.25 $4,999.98
53 $641.32 $612.57 $28.75 $4,387.41
54 $641.32 $616.09 $25.23 $3,771.32
55 $641.32 $619.63 $21.69 $3,151.69
56 $641.32 $623.20 $18.12 $2,528.49
57 $641.32 $626.78 $14.54 $1,901.71
58 $641.32 $630.39 $10.93 $1,271.32
59 $641.32 $634.01 $7.31 $637.31
60 $640.97 $637.31 $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.

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