Payment calculator

Explore how the price, rate and loan term affect your monthly payment. Use your lender’s quoted rate when available.

Vehicle price ($)

APR / annual rate (%)Choose a rate

7% is an illustrative starting value, not an available or personalized rate.

Loan termDown payment ($, optional)Include estimated tax, title & registration: 10% of purchase price, financed with the loan.

Estimated monthly payment

$396.02 / month

Vehicle price: $20,000.00
Down payment: $0.00
Estimated tax, title & registration: $0.00
Estimated amount financed: $20,000.00
Estimated interest: $3,761.44
Total loan payments: $23,761.44
Total including down payment: $23,761.44

Planning estimate only—not a loan offer, approval, quote, or guarantee. Assumes a fixed rate, equal monthly payments, and no balloon payment. APR includes certain lender fees; this simplified tool treats your entered APR as an interest rate, so a lender’s payment and finance charges may differ. Compare the lender’s actual disclosures.

The optional 10% allowance is not a tax rate or DMV quote. Actual taxes and fees vary by location, vehicle, and transaction. Insurance, maintenance, lender fees, and optional products are not separately included. Longer terms may lower payments but increase total interest. No credit check is performed and calculator entries are not submitted to a lender.

CFPB: comparing auto loans