How to use this auto loan calculator
Enter the requested values above and select Calculate. The result updates immediately on the page, so you can change one value and compare different scenarios without leaving the calculator.
Formula and method
Example
Compare how a larger down payment or shorter term changes the payment on a $35,000 vehicle.
What this calculator is useful for
Estimate an auto loan payment after down payment, trade-in and sales tax. It is designed for quick estimates and everyday problem solving. When a calculation affects a contract, tax filing, medical decision or other high-stakes situation, verify the result with the appropriate professional or authoritative source.
Frequently asked questions
What does the Auto Loan Calculator calculate?
Estimate an auto loan payment after down payment, trade-in and sales tax.
How does the calculation work?
Estimated amount financed = price + sales tax − down payment − trade-in. Payment uses the standard amortizing-loan formula.
Is this calculator free?
Yes. ERICH Calculators is free to use and no account is required.