Use these auto loan
calculators to help you determine your monthly auto loan payment or your auto purchase price. After you have
entered your comsumer information, use the graph options to see how different auto loan payment terms or money down can impact
your monthly payment. You can also examine your complete auto loan amortization schedule by clicking on the "View Report" button.
Monthly payment for this loan.
Total purchase price (before tax)
This is the total cost of your auto purchase. Include the cost of the vehicle, any additional options
and any destination charges. Don't include sales tax in this amount. Sales tax will be calculated for
you and included in your total after tax price.
Auto loan term in months
Number of months for this loan.
Auto loan interest rate
Annual interest rate for this loan.
Total amount of money down used in this purchase. The larger your money down the smaller the loan
you will need to finance this purchase.
The total amount that you are given for any automobile that you trade-in as part of this purchase. In some
states a trade-in can also reduce the amount of sales tax you will owe. See the definition for "Sales tax
deduction for trade-in" for more information on trade-in vehicles and sales tax.
Amount owed on trade
Total loan balance still outstanding on the trade-in.
Non-taxable fees (optional)
Any additional fee that is not subject to sales tax. This usually includes document fees or any other fees
that may be due at delivery and are not taxable.
Taxable fees (optional)
Any additional fee that is subject to sales tax. This usually includes title transfer fees or any other fees
that may be due at delivery and are taxable.
Sales tax rate
Sales tax percentage rate charged on this purchase.
No sales tax deduction for trade-in
If you live in a state where your sales tax is calculated on your full purchase price check this box. If this
box is unchecked sales tax is calculated on the purchase price less trade-in. Currently California, the District
of Columbia, Hawaii, Maryland and Michigan allow no deductions for trade-ins when calculating sales tax. In addition,
Alaska, Delaware, Montana, New Hampshire, and Oregon have no sales tax on autos.
Information and interactive calculators are made available to you as self-help tools for your independent use and
are not intended to provide investment advice. We can not and do not guarantee their applicability or accuracy in
regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We
encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.