🚗 Car Loan Calculator

Calculate monthly car payments, total interest, and view a full amortization schedule for your auto loan.

Enter Car Loan Details

Car Price ($)

Down Payment ($)

Loan Term (Months)

Interest Rate (% APR)

The monthly payment is calculated using the standard amortization formula. A larger down payment or shorter term reduces total interest paid.

Formula

M = P × [r(1+r)^n] / [(1+r)^n - 1]
Where P = loan amount, r = monthly rate, n = number of payments.