Auto Loan Calculator

When applying for an auto loan it is important to know how much you are paying monthly. As you may know the longer you finance, be it 5 years or more, the majority of your payment will be interest based. This Car Payment Calculator will produce what is known as an "Amortization Schedule." Essentially this calculator will give you a breakdown of how much you will be paying each month based on the interest rate entered.

Car Payment Calculator
Loan balance: $
Interest rate: %
Loan term: years