finance

Car Loan Calculator

Calculate car loan with our free online tool. Get instant results with helpful explanations and tips for better understanding.

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What is a Car Loan Calculator?

A Car Loan Calculator helps you determine your monthly payment, total interest, and overall cost when financing a vehicle. It factors in the loan amount, interest rate, loan term, down payment, trade-in value, and sales tax.

How to use

Enter the vehicle price, down payment amount, trade-in value (if any), annual interest rate, loan term in months, and sales tax rate. The calculator will show your monthly payment, total interest paid, and total cost of the loan.