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Auto Loan & Vehicle Financing Calculator

Calculate monthly payments, interest, and total cost

Vehicle details

Price, deposit, term and rate

The sticker price or your agreed price

Comes off the price before tax is applied

Down Payment

20.0% of the price after trade-in

%

Varies by location

60 monthly payments

%

Current average: 5-7% for new cars

Saving keeps the scenario in this browser only. Nothing is uploaded, and no account is required.

Auto loan results

Estimated Monthly Payment

$83,090

Principal & interest

The loan is cleared before the car's value runs out.

Amount Financed
$4,350,000
Total Interest
$635,403
Total Cost
$5,985,403
Interest % of Total
12.7%

Out-the-door price

Vehicle price
$5,000,000
Sales tax (7%)
$350,000
Registration, docs, warranty & GAP
$0
Total out the door
$5,350,000
Less trade-in
−$0
Less down payment
−$1,000,000
Amount financed
$4,350,000

Where your payment goes

The first payment, split into its parts

  • Principal76%
  • Interest24%

Interest vs principal

How each yearly payment is split, stacked to the full payment

Depreciation vs what you owe

The balance falls with the loan, but the car's value falls faster - the gap between the lines is your equity

Amortization schedule

60 payments · each instalment beside what the car is still worth

60 of 60 rows

Amortization schedule for the selected auto loan, monthly view
#1 · Y1$83,090$63,153$19,938$4,937,500$4,286,847-$650,653
#2 · Y1$83,090$63,442$19,648$4,875,781$4,223,405-$652,376
#3 · Y1$83,090$63,733$19,357$4,814,834$4,159,673-$655,161
#4 · Y1$83,090$64,025$19,065$4,754,649$4,095,648-$659,001
#5 · Y1$83,090$64,318$18,772$4,695,215$4,031,329-$663,886
#6 · Y1$83,090$64,613$18,477$4,636,525$3,966,716-$669,809
#7 · Y1$83,090$64,909$18,181$4,578,569$3,901,807-$676,762
#8 · Y1$83,090$65,207$17,883$4,521,337$3,836,600-$684,736
#9 · Y1$83,090$65,506$17,584$4,464,820$3,771,095-$693,725
#10 · Y1$83,090$65,806$17,284$4,409,010$3,705,289-$703,721
#11 · Y1$83,090$66,107$16,983$4,353,897$3,639,181-$714,716
#12 · Y1$83,090$66,410$16,680$4,299,473$3,572,771-$726,703