Car Loan Payment Calculator

🚗 Car Loan Calculator

Calculate your monthly car loan payment

Car Price ($)

Down Payment ($)

Trade-in Value ($)

Interest Rate (%)

Loan Term (Years)

Sales Tax (%)

Other Fees ($)

📊 Payment Results

Monthly payment and total loan cost breakdown

Enter car details to see payment calculation

📈 Payment Breakdown

Principal vs Interest over loan term

🌐 3D Loan Visualization

Interactive view of loan components

Use mouse to rotate and zoom

Car Loan Guide

Understanding auto financing, rates, and smart buying decisions

Car loans are secured loans where the vehicle serves as collateral. Interest rates depend on your credit score, loan term, vehicle age, and down payment. Understanding these factors helps you negotiate better terms and make informed financing decisions.

Down Payment Impact

Larger down payments reduce monthly payments and total interest paid

Loan Term Effects

Shorter terms mean higher payments but less total interest

Credit Score Benefits

Higher credit scores qualify for better interest rates

Total Cost Consideration

Factor in insurance, maintenance, and depreciation costs

Smart financing tips: Shop around for rates, consider pre-approval, negotiate the total price before discussing financing, and avoid extending loans just to lower payments.