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🚗 Auto Loan Calculator

For new or used car purchases. Enter the price, down payment, trade-in value, sales tax rate, APR, and term in months. Get monthly payment plus total cost over the life of the loan.

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Examples

New car
Input$35k price, $5k down, 7% APR, 60 months
OutputMonthly ~$594 · Total interest $5,640
Used car shorter term
Input$18k price, $3k down, 8% APR, 48 months
OutputMonthly ~$367 · Total interest $2,600

Frequently asked questions

What is a good auto loan rate?

New car rates vary 4-9% depending on credit. Used: 6-12%. Credit unions typically beat dealer financing by 1-2 points.

How long should the loan be?

Avoid 72+ month auto loans — you will likely owe more than the car is worth for most of the term. 48-60 months is healthier.

Should I take dealer cashback or low APR?

Compare both: cash rebate × (1 + APR × years) vs the value of low APR. Sites that calculate this often favor cash rebates unless the APR offer is genuinely 0%.

About this tool

Auto Loan Calculator runs entirely in your browser using standard Web APIs. No data is sent to any server. The source for this tool is in our public GitHub repository.

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Why this tool

vs typical free web-tool sites

1vwTypical free site
PriceFreeFree
Signup requiredNoOften (for premium features)
Ads inside the toolNoYes (banner + video)
Data sent to serverNo (browser-only)Yes (inputs analyzed for ads)
Total tools96Often <20 or scattered across sites
Bookmarkable URL per toolYesMixed
Loads in under 1sYes (static)Often slow (ad tracking)
MultilingualEN / ES / PT / FR / DEUsually EN only
Open sourceYesNo