Car Loan Calculator

Car loan calculator with extra payment is used to calculate monthly payment for your car loan. The auto loan calculator has many advanced options such as down payment, taxes, trade in, extra payments, and amortization schedule.

Auto Loan Calculator

Vehicle Price
$
Down Payment
$
Loan Amount
$
Loan Terms
Interest Rate
Payment Frequency
Trade In Value
$
Sales Tax
%
Other Fees
$
First Payment Date

Amortization schedule
Include all fees into loan
Extra Payments
One Time
$ On Date
Monthly or Biweekly
$ Starting Date
Quarterly
$ Starting Date
Yearly
$ Starting Date

Auto Loan Calculator Results

Loan Amount: $40,000.00
Total Monthly Payment:
$709.89
Total # Of Payments: 60
Start Date: Jan, 2022
Payoff Date: Dec, 2026
Down Payment: $20,000.00
Trade In Value: $0.00
Sales Tax: $0.00
Other Fee: $0.00
Total Interest Paid: $2,593.67
Total of All Costs:
$62,593.67

Auto Loan Amortization Schedule

Payment Date Payment # Interest Principal Total Payment Balance
Jan, 2022 1 $83.33 $626.56 $709.89 $39,373.44
Feb, 2022 2 $82.03 $627.87 $709.89 $38,745.57
Mar, 2022 3 $80.72 $629.17 $709.89 $38,116.40
Apr, 2022 4 $79.41 $630.49 $709.89 $37,485.91
May, 2022 5 $78.10 $631.80 $709.89 $36,854.11
Jun, 2022 6 $76.78 $633.12 $709.89 $36,221.00
Jul, 2022 7 $75.46 $634.43 $709.89 $35,586.56
Aug, 2022 8 $74.14 $635.76 $709.89 $34,950.81
Sep, 2022 9 $72.81 $637.08 $709.89 $34,313.73
Oct, 2022 10 $71.49 $638.41 $709.89 $33,675.32
Nov, 2022 11 $70.16 $639.74 $709.89 $33,035.58
Dec, 2022 12 $68.82 $641.07 $709.89 $32,394.51
Jan, 2023 13 $67.49 $642.41 $709.89 $31,752.11
Feb, 2023 14 $66.15 $643.74 $709.89 $31,108.36
Mar, 2023 15 $64.81 $645.09 $709.89 $30,463.28
Apr, 2023 16 $63.47 $646.43 $709.89 $29,816.85
May, 2023 17 $62.12 $647.78 $709.89 $29,169.07
Jun, 2023 18 $60.77 $649.13 $709.89 $28,519.95
Jul, 2023 19 $59.42 $650.48 $709.89 $27,869.47
Aug, 2023 20 $58.06 $651.83 $709.89 $27,217.64
Sep, 2023 21 $56.70 $653.19 $709.89 $26,564.44
Oct, 2023 22 $55.34 $654.55 $709.89 $25,909.89
Nov, 2023 23 $53.98 $655.92 $709.89 $25,253.98
Dec, 2023 24 $52.61 $657.28 $709.89 $24,596.70
Jan, 2024 25 $51.24 $658.65 $709.89 $23,938.04
Feb, 2024 26 $49.87 $660.02 $709.89 $23,278.02
Mar, 2024 27 $48.50 $661.40 $709.89 $22,616.62
Apr, 2024 28 $47.12 $662.78 $709.89 $21,953.85
May, 2024 29 $45.74 $664.16 $709.89 $21,289.69
Jun, 2024 30 $44.35 $665.54 $709.89 $20,624.15
Jul, 2024 31 $42.97 $666.93 $709.89 $19,957.22
Aug, 2024 32 $41.58 $668.32 $709.89 $19,288.90
Sep, 2024 33 $40.19 $669.71 $709.89 $18,619.19
Oct, 2024 34 $38.79 $671.10 $709.89 $17,948.09
Nov, 2024 35 $37.39 $672.50 $709.89 $17,275.59
Dec, 2024 36 $35.99 $673.90 $709.89 $16,601.68
Jan, 2025 37 $34.59 $675.31 $709.89 $15,926.38
Feb, 2025 38 $33.18 $676.71 $709.89 $15,249.66
Mar, 2025 39 $31.77 $678.12 $709.89 $14,571.54
Apr, 2025 40 $30.36 $679.54 $709.89 $13,892.00
May, 2025 41 $28.94 $680.95 $709.89 $13,211.05
Jun, 2025 42 $27.52 $682.37 $709.89 $12,528.67
Jul, 2025 43 $26.10 $683.79 $709.89 $11,844.88
Aug, 2025 44 $24.68 $685.22 $709.89 $11,159.66
Sep, 2025 45 $23.25 $686.65 $709.89 $10,473.02
Oct, 2025 46 $21.82 $688.08 $709.89 $9,784.94
Nov, 2025 47 $20.39 $689.51 $709.89 $9,095.43
Dec, 2025 48 $18.95 $690.95 $709.89 $8,404.49
Jan, 2026 49 $17.51 $692.39 $709.89 $7,712.10
Feb, 2026 50 $16.07 $693.83 $709.89 $7,018.28
Mar, 2026 51 $14.62 $695.27 $709.89 $6,323.00
Apr, 2026 52 $13.17 $696.72 $709.89 $5,626.28
May, 2026 53 $11.72 $698.17 $709.89 $4,928.11
Jun, 2026 54 $10.27 $699.63 $709.89 $4,228.48
Jul, 2026 55 $8.81 $701.09 $709.89 $3,527.40
Aug, 2026 56 $7.35 $702.55 $709.89 $2,824.85
Sep, 2026 57 $5.89 $704.01 $709.89 $2,120.84
Oct, 2026 58 $4.42 $705.48 $709.89 $1,415.36
Nov, 2026 59 $2.95 $706.95 $709.89 $708.42
Dec, 2026 60 $1.48 $708.42 $709.89 $0.00

Compare Monthly vs. Bi-weekly

Payment Frequency Monthly Bi-weekly
Payments / Year 12 26
Each Payment $709.89 $354.95
Total Interest $2,593.67 $2,358.05
Total Payment $62,593.67 $62,358.05
Total Savings $0 $235.62
Payoff Date Dec, 2026 Aug, 2026

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