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Free auto loan calculator to determine the monthly payment and total cost of an auto loan, while accounting for sales tax, fees, trade-in value, and more.
Our free car loan calculator generates a monthly payment amount and total loan cost based on vehicle price, interest rate, down payment and more.
Our car loan calculator will calculate your monthly interest repayment over several years then compare them to a separate monthly repayment period, which you can choose. Car Loan Formula. The Car Loan Calculator uses the following basic formula: Monthly Car Loan Payment = { Rate + Rate / [ (1 + Rate) months -1] } x Principal Car Loan Amount. Where:
Estimate your monthly payments with Cars.com's car loan calculator and see how factors like loan term, down payment and interest rate affect payments.
27 lip 2024 · Our car finance calculator uses the following formula to calculate the monthly payment: Monthly payment = (loan amount) × (interest rate / 12) / (1 − (1 + (interest rate / 12)) ^ (-loan term)). The interest rate is given for a period of one year.
2 dni temu · How to estimate: Use our car loan calculator to estimate your monthly payment and compare it to the average car payments above. You can get lower car payments by stretching them out across a longer loan term, but you’ll likely pay more money in interest. *Source: Experian’s State of the Automotive Finance Market Report.
Calculate your monthly car payment estimate on a used car loan or a new car loan and find a great deal on a vehicle near you.
