Auto Loan Calculator.
Determine monthly payments, total costs, and tax schedules for vehicle financing.
Input Parameters
Computed Results
Comments & Feedback.
User manual & function guide.
Detailed manual explaining every function, input parameter, and operational example for the Auto Loan Calculator.
Vehicle Price
FunctionBase sticker price of vehicle.
Vehicle Price = $35,000 Down Payment
FunctionUpfront cash paid.
Down Payment = $5,000 Trade-in Value
FunctionAllowance given for trade-in vehicle.
Trade-in Value = $2,000 Interest Rate
FunctionAnnual financing percentage rate.
Interest Rate = 5.9% Loan Term
FunctionFinancing duration in months.
Loan Term = 60 months Sales Tax Rate
FunctionLocal vehicle sales tax percentage.
Sales Tax Rate = 7.0% Monthly Auto Payment
FunctionCalculates net financed amount and monthly payment.
$35,000 + $2,450 tax - $5,000 down - $2,000 trade = $30,450 financed -> $586.82 / mo Frequently asked questions.
How is an auto loan payment calculated?
Auto loan payments are calculated by taking the vehicle price, adding sales tax, subtracting down payment and trade-in value to get the financed amount, then applying the standard amortization formula.
Should I include sales tax in my auto loan?
Most states charge sales tax on vehicle purchases. Including it in your loan calculation gives you a more accurate monthly payment estimate.
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