Car Loan Calculator

How to work out a car loan payment

1. Enter the price, your down payment and the trade-in value, plus anything still owed on the trade-in.
2. Enter the sales tax rate, fees, interest rate and term in months.
3. The monthly payment appears with the amount financed and the total cost.

Frequently asked questions

How is sales tax worked out?

On the price minus the trade-in value, as most US states do. If your state taxes the full price, set the trade-in to 0 and add its value to the down payment instead.

Which currency does it use?

Any. Amounts are plain numbers, so enter them in your own currency and read the results in the same one.