Auto Loan Calculator

Vehicle price ($)

Down payment ($)

Trade-in value ($)

Sales tax (%)

Title, registration & dealer fees ($)

Interest rate (% APR)

Loan term

Monthly payment

$662.25

Amount financed

$33,050

Sales tax

$2,450

Total interest

$6,685

Total cost (down + trade-in + payments)

$44,735

Year	Principal paid	Interest paid	Balance
Year 1	$5,660	$2,287	$27,390
Year 2	$6,100	$1,847	$21,290
Year 3	$6,573	$1,374	$14,717
Year 4	$7,083	$864	$7,633
Year 5	$7,633	$314	$0

Most states charge sales tax on the price after the trade-in credit; a few tax the full price. Check your state’s rule.