Financial · Calculator
Auto Loan Calculator
Calculate monthly car loan payments.
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Auto Loan Calculator
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Estimate your monthly auto loan payment.
Formula
M = P × [r(1+r)^n] / [(1+r)^n - 1]Step-by-step
- r = annual rate / 12
- n = years × 12
- M = P × [r(1+r)^n] / [(1+r)^n - 1]
Example
A $25,000 car at 5.5% for 5 years costs $477/month.
FAQ
Does this include taxes and fees?+
No, enter the total amount you plan to finance.
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