FINANCE · AUTO LOAN
Car loan total cost calculator
Estimate the payment, interest and total cost of buying a vehicle with a repayment loan.
TOTAL VEHICLE COST
$0
Down payment, tax/costs and scheduled loan repayments
Amount financed $0
Monthly payment $0
Total interest $0
Loan repayments $0
Formula and example
This uses a standard repayment-loan formula. Amount financed equals vehicle price plus the entered taxes/costs less down payment.
Total vehicle cost = down payment + taxes/costs + total loan repayments
| Price / down | Rate / term | Estimated interest |
|---|---|---|
| $30,000 / $5,000 | 6% / 60 months | About $4,000 |
| $40,000 / $8,000 | 7% / 72 months | About $7,400 |