Car Loan Calculator | Payment & Total Cost

A common recommendation is 20% for new cars and 10% for used. A larger down payment lowers monthly payments, reduces total interest, and helps you avoid being "underwater" (owing more than the car is worth).

Often yes. Longer terms (72 or 84 months) usually carry higher interest rates than shorter terms (36 or 48 months), and the extended period means significantly more total interest paid even if the monthly payment feels manageable.

Trade-in value directly reduces the amount you need to finance. Dealer fees (documentation, processing, registration) are typically added to the financed amount. Enter both in this calculator to see their net effect on monthly payment and total loan cost.

Compare both. Dealers sometimes offer promotional rates (0% APR for qualified buyers) that beat banks. But dealers may also mark up the rate above what lenders offer them. Get pre-approved by your bank first — it gives you a benchmark and negotiating power at the dealership.

Yes! In guest mode, you can export your calculations to JSON format. Sign in is required for PDF and CSV export. Click the export button to download your results. This is perfect for record-keeping, sharing with others, or importing into other tools.

Yes! Your calculation history is automatically saved. Guest users can save up to 50 calculations per workspace locally. Sign in for free to save up to 100 calculations per workspace, with access from any device when logged in.

Absolutely! The Car Loan Calculator is completely free with no sign-up required. Create a free account to unlock additional features like more calculation history, multiple workspaces, and the ability to access your saved data from any device.