Auto Loan Calculator
Calculate car loan payments, total interest, payoff schedule, extra payments, and compare interest rates.
Loan details
Adjust the numbers — results update instantly.
Payment method
Fixed monthly payment — 等额本息
Amount financed: $30,000.00
60 months · type any years or pick a preset
1 = January … 12 = December
First payment: Nov 2026
Early repayment
Rate comparison
Results
Amortizing · $30,000.00 · 7.5% APR · 5 yr · starts Nov 2026
- Monthly payment
- $601.14
- Total interest
- $6,068.30
- Total paid
- $36,068.30
- Payoff date
- Oct 2031
- Payoff time
- 5 yr
- First payment
- Nov 2026
Rate comparison
Same method (Amortizing) and term — no extra payments.
| APR | Payment | Interest | Total paid |
|---|---|---|---|
| 7.5% | $601.14 | $6,068.30 | $36,068.30 |
| 8.5% | $615.50 | $6,929.69 | $36,929.69 |
| 9.5% | $630.06 | $7,803.26 | $37,803.26 |
Method comparison
Same loan amount, APR, and term — no extra payments · balloon due in 5 yr.
| Method | Payment | Interest | Total paid |
|---|---|---|---|
| 5 yr | $601.14 | $6,068.30 | $36,068.30 |
| 5 yr | $687.50 | $5,718.72 | $35,718.72 |
| 5 yr | $187.50+ balloon $30,000.00 | $11,250.00 | $41,250.00 |
| 4 yr 14 biweekly | $300.57 | $5,432.11 | $35,432.11 |
| 5 yr | $601.14 | $6,068.30 | $36,068.30 |
Amortization schedule
Showing 24 of 60 periods
| # | Date | Payment | Principal | Interest | Extra | Balance |
|---|---|---|---|---|---|---|
| 1 | Nov 2026 | $601.14 | $413.64 | $187.50 | $0.00 | $29,586.36 |
| 2 | Dec 2026 | $601.14 | $416.23 | $184.91 | $0.00 | $29,170.13 |
| 3 | Jan 2027 | $601.14 | $418.83 | $182.31 | $0.00 | $28,751.30 |
| 4 | Feb 2027 | $601.14 | $421.44 | $179.70 | $0.00 | $28,329.86 |
| 5 | Mar 2027 | $601.14 | $424.08 | $177.06 | $0.00 | $27,905.78 |
| 6 | Apr 2027 | $601.14 | $426.73 | $174.41 | $0.00 | $27,479.05 |
| 7 | May 2027 | $601.14 | $429.40 | $171.74 | $0.00 | $27,049.65 |
| 8 | Jun 2027 | $601.14 | $432.08 | $169.06 | $0.00 | $26,617.57 |
| 9 | Jul 2027 | $601.14 | $434.78 | $166.36 | $0.00 | $26,182.79 |
| 10 | Aug 2027 | $601.14 | $437.50 | $163.64 | $0.00 | $25,745.29 |
| 11 | Sep 2027 | $601.14 | $440.23 | $160.91 | $0.00 | $25,305.06 |
| 12 | Oct 2027 | $601.14 | $442.98 | $158.16 | $0.00 | $24,862.08 |
| 13 | Nov 2027 | $601.14 | $445.75 | $155.39 | $0.00 | $24,416.33 |
| 14 | Dec 2027 | $601.14 | $448.54 | $152.60 | $0.00 | $23,967.79 |
| 15 | Jan 2028 | $601.14 | $451.34 | $149.80 | $0.00 | $23,516.45 |
| 16 | Feb 2028 | $601.14 | $454.16 | $146.98 | $0.00 | $23,062.29 |
| 17 | Mar 2028 | $601.14 | $457.00 | $144.14 | $0.00 | $22,605.29 |
| 18 | Apr 2028 | $601.14 | $459.86 | $141.28 | $0.00 | $22,145.43 |
| 19 | May 2028 | $601.14 | $462.73 | $138.41 | $0.00 | $21,682.70 |
| 20 | Jun 2028 | $601.14 | $465.62 | $135.52 | $0.00 | $21,217.08 |
| 21 | Jul 2028 | $601.14 | $468.53 | $132.61 | $0.00 | $20,748.55 |
| 22 | Aug 2028 | $601.14 | $471.46 | $129.68 | $0.00 | $20,277.09 |
| 23 | Sep 2028 | $601.14 | $474.41 | $126.73 | $0.00 | $19,802.68 |
| 24 | Oct 2028 | $601.14 | $477.37 | $123.77 | $0.00 | $19,325.31 |
Estimates only. Actual lender terms, fees, taxes, and insurance may differ. Not financial advice.
Auto Loan FAQ
Does a longer auto loan save money?
Longer terms lower the monthly payment but usually increase total interest. Compare 36–72 month terms and APRs before you sign.
How does a down payment change my car payment?
A larger down payment reduces the amount financed, which lowers both the monthly payment and total interest over the loan.