đ Car Payment Calculator
Calculate your monthly auto loan payment and total cost. Make informed decisions on your vehicle purchase.
đ Vehicle & Loan Details
Vehicle Price
$35,000
Down Payment
$5,000
Trade-in Value
$0
Interest Rate (APR)
7%
Loan Term
60 months (5 yrs)
đ Your Payment
$594
Monthly Payment
Amount Financed
$30,000
Total Interest
$5,622
Total Cost
$35,622
đ Car Buying Tips
Shorter terms = Less interest: While 72-84 month loans have lower payments, you'll pay significantly more interest over time.
Trade-in value: Your current vehicle's trade-in value reduces the amount you need to finance.
Total cost matters: Focus on the total cost of the loan, not just the monthly payment.