Mondo Knows Tools
Auto Loan Calculator
Monthly car payment with trade-in, down payment and sales tax. Use the free auto loan calculator below to get an instant answer, with the formula shown so you can check the maths and trust the result. Free, private, and no sign-up.
$
%
years
Mondo says
Monthly payment
$641.21
/mo
Total interest$6,472.86
Total paid$38,472.86
Payments60
How it works
Auto Loan Calculator works out the level payment that clears the balance over the term, then splits every payment into interest and principal.
The formula
Payment = P x r / (1 - (1 + r)^-n), where r is the periodic rate and n the number of payments.Auto Loan Calculator: common questions
- What does the Auto Loan Calculator work out?
- Monthly car payment with trade-in, down payment and sales tax. It is one of the Money & Finance tools on Mondo Knows.
- How is the Auto Loan Calculator calculated?
- Auto Loan Calculator works out the level payment that clears the balance over the term, then splits every payment into interest and principal. The maths is short enough to check by hand: Payment = P x r / (1 - (1 + r)^-n), where r is the periodic rate and n the number of payments.
- Do I need to sign up, and is my data stored?
- No sign-up, and nothing you type is sent anywhere. The calculation runs in your own browser, so the figures stay on your device and the page works offline once loaded.
Mondo also knows
Mortgage CalculatorMonthly payment on a home loan, including tax, insurance, HOA and PMI.💰 Money & FinanceAmortization CalculatorSee how each payment splits between interest and principal.💰 Money & FinanceAuto Loan CalculatorMonthly car payment with trade-in, down payment and sales tax.💰 Money & FinanceAuto Loan with TaxCar payment with trade-in, down payment and sales tax rolled in.💰 Money & Finance
Estimates for general guidance only. This is not financial, medical or legal advice. Everything runs in your browser and nothing you type is stored.