Auto Loan Calculator
Dealer payments are quoted on the amount financed, not the sticker price. Add tax, fees, your down payment and your trade-in, and FetchCalc will show what you're actually borrowing and what it costs.
Method and copy last reviewed · How our calculations work
The deal
Out-the-door price, not sticker price.
Net of anything you still owe on it
Doc fee, registration, warranties
What you'd actually finance
Monthly payment
$555.98
On $27,485.00 financed at 7.9% for 60 months
- Sales tax
- $1,885.00
- Amount financed
- $27,485.00
- Total interest
- $5,873.95
- Payoff date
- Nov 2031
All in, this vehicle costs $40,358.95 once your down payment, trade-in and 17.6% interest share are counted.
Amortization schedule
61 payments · final payment Nov 2031
| Year | Paid | Interest | Principal | Balance |
|---|---|---|---|---|
| 2026 | $1,111.96 | $359.41 | $752.55 | $26,732.45 |
| 2027 | $6,671.76 | $1,943.08 | $4,728.68 | $22,003.77 |
| 2028 | $6,671.76 | $1,555.69 | $5,116.07 | $16,887.70 |
| 2029 | $6,671.76 | $1,136.55 | $5,535.21 | $11,352.49 |
| 2030 | $6,671.76 | $683.10 | $5,988.66 | $5,363.83 |
| 2031 | $5,559.95 | $196.12 | $5,363.83 | $0.00 |
Ask Fetch
Ask about your numbers
Fetch explains your results in plain English. Every number comes from re-running the calculator above, so the figures are exact — never generated.
The four numbers that decide your car payment
- 1. The out-the-door price. Negotiate this, not the monthly payment. A dealer can hit almost any payment target by stretching the term.
- 2. Your APR. A few percentage points on a five-year loan is worth more than most price haggling. Arrive with a pre-approval so you have a number to beat.
- 3. The term. Every extra year lowers the payment and raises the total. Decide the longest term you're willing to accept before you walk in.
- 4. What's rolled in. Tax, fees, warranties and any negative equity from your old car all get financed and all accrue interest.
Still deciding on the term?
Long terms are now the norm rather than the exception, so it's worth seeing the trade-off in one place. The 60 vs 72 vs 84 month car loan calculator holds your amount and APR steady and shows the payment, total interest and total paid for each of the three most common terms side by side.
Don't have a car in mind yet?
Work the other way round with the car affordability calculator: start from the payment you want and see the vehicle price it supports, including your trade-in and any negative equity.
Frequently asked questions
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FetchCalc is an independent calculator and educational service. We are not a lender, broker, or financial adviser, and nothing here is financial advice. Estimates are for planning only; your actual offer and payment will come from your lender.