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
$ 627 / month
Amount financed
$31,765
Total interest
$5,884
Total of payments
$37,649
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 (Wyoming 4.000%) $1,400.00
Taxable amount $35,000.00
Trade-in tax credit $0.00
+ Doc, title & registration fees $1,765
= Amount financed $31,765
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 $627/month on about $31,765 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 $627.49 $444.84 $182.65 $31,320.16
2 $627.49 $447.40 $180.09 $30,872.76
3 $627.49 $449.97 $177.52 $30,422.79
4 $627.49 $452.56 $174.93 $29,970.23
5 $627.49 $455.16 $172.33 $29,515.07
6 $627.49 $457.78 $169.71 $29,057.29
7 $627.49 $460.41 $167.08 $28,596.88
8 $627.49 $463.06 $164.43 $28,133.82
9 $627.49 $465.72 $161.77 $27,668.10
10 $627.49 $468.40 $159.09 $27,199.70
11 $627.49 $471.09 $156.40 $26,728.61
12 $627.49 $473.80 $153.69 $26,254.81
13 $627.49 $476.52 $150.97 $25,778.29
14 $627.49 $479.26 $148.23 $25,299.03
15 $627.49 $482.02 $145.47 $24,817.01
16 $627.49 $484.79 $142.70 $24,332.22
17 $627.49 $487.58 $139.91 $23,844.64
18 $627.49 $490.38 $137.11 $23,354.26
19 $627.49 $493.20 $134.29 $22,861.06
20 $627.49 $496.04 $131.45 $22,365.02
21 $627.49 $498.89 $128.60 $21,866.13
22 $627.49 $501.76 $125.73 $21,364.37
23 $627.49 $504.64 $122.85 $20,859.73
24 $627.49 $507.55 $119.94 $20,352.18
25 $627.49 $510.46 $117.03 $19,841.72
26 $627.49 $513.40 $114.09 $19,328.32
27 $627.49 $516.35 $111.14 $18,811.97
28 $627.49 $519.32 $108.17 $18,292.65
29 $627.49 $522.31 $105.18 $17,770.34
30 $627.49 $525.31 $102.18 $17,245.03
31 $627.49 $528.33 $99.16 $16,716.70
32 $627.49 $531.37 $96.12 $16,185.33
33 $627.49 $534.42 $93.07 $15,650.91
34 $627.49 $537.50 $89.99 $15,113.41
35 $627.49 $540.59 $86.90 $14,572.82
36 $627.49 $543.70 $83.79 $14,029.12
37 $627.49 $546.82 $80.67 $13,482.30
38 $627.49 $549.97 $77.52 $12,932.33
39 $627.49 $553.13 $74.36 $12,379.20
40 $627.49 $556.31 $71.18 $11,822.89
41 $627.49 $559.51 $67.98 $11,263.38
42 $627.49 $562.73 $64.76 $10,700.65
43 $627.49 $565.96 $61.53 $10,134.69
44 $627.49 $569.22 $58.27 $9,565.47
45 $627.49 $572.49 $55.00 $8,992.98
46 $627.49 $575.78 $51.71 $8,417.20
47 $627.49 $579.09 $48.40 $7,838.11
48 $627.49 $582.42 $45.07 $7,255.69
49 $627.49 $585.77 $41.72 $6,669.92
50 $627.49 $589.14 $38.35 $6,080.78
51 $627.49 $592.53 $34.96 $5,488.25
52 $627.49 $595.93 $31.56 $4,892.32
53 $627.49 $599.36 $28.13 $4,292.96
54 $627.49 $602.81 $24.68 $3,690.15
55 $627.49 $606.27 $21.22 $3,083.88
56 $627.49 $609.76 $17.73 $2,474.12
57 $627.49 $613.26 $14.23 $1,860.86
58 $627.49 $616.79 $10.70 $1,244.07
59 $627.49 $620.34 $7.15 $623.73
60 $627.32 $623.73 $3.59 $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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