Free Tool
CAR LOAN CALCULATOR
Estimate your monthly payment before you negotiate. Know your numbers before stepping into the dealership.
20.0% of vehicle price
Optional, varies by state
Monthly Payment
$240
per month for 60 months
Total Loan Amount
$12,000
Total Interest Paid
$2,427
Total Cost of Vehicle
$17,427
Effective APR
7.5%
Principal vs. Interest
For informational purposes only. Not financial advice. Your inputs stay in your browser and are never sent to our servers.
Buying Tips
NEGOTIATE SMARTER
Know Your Budget First
Calculate your maximum comfortable monthly payment before you shop, not after. Stick to it at the dealership.
Negotiate Price, Not Payment
Dealers use low monthly payments to obscure the true cost. Always negotiate the out-the-door price first.
Get Pre-Approved
A bank or credit union pre-approval gives you a rate baseline and real negotiating power before you walk in.
Get Pre-Approved
Ready to Get Pre-Approved?
Compare rates from multiple lenders without affecting your credit score.
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