Auto Loan & Car Payment Calculator
Calculate your monthly car payment, total interest, sales taxes, and net financed amount with visual payoff curves.
Subtracted from taxable price
Financing Summary
Based on $29,740 financed over 60 months at 5.9% APR.
Pay Extra & Eliminate Your Car Loan Faster
See how much interest you save and how many months you eliminate with extra principal payments.
Applied directly to the starting principal balance.
Lease vs. Buy Side-by-Side Comparison (48 Months)
Compare monthly payments, total out-of-pocket costs, and ending vehicle equity over 48 months.
Financial Recommendation: Buying saves $643 in net ownership cost over 48 months because you keep $18,200 in vehicle equity.
Leasing offers lower monthly payments for individuals who switch cars every 3 years. Buying builds tangible net worth and removes mileage penalties for drivers planning to keep the vehicle past the loan term.
Auto Loan Rates by Credit Score
Estimated for a $29,740 loan over 60 months. Benchmark source: Experian Automotive Finance.
| Credit Tier | FICO Score | New APR | Used APR | Est. Monthly | Total Interest |
|---|---|---|---|---|---|
Super Prime | 781 – 850 | 4.41% | 6.29% | $553/mo | $3,440 |
Prime | 661 – 780 | 6.15% | 8.81% | $577/mo | $4,880 |
Non-Prime | 601 – 660 | 9.71% | 13.93% | $628/mo | $7,940 |
Subprime | 501 – 600 | 13.52% | 19.10% | $685/mo | $11,360 |
💡 Credit Score Impact Insight
Borrowers who elevate their score from Non-Prime to Super Prime save an estimated $4,500 in pure interest fees on this vehicle loan.
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