Auto Loan Calculator

Price, down payment, APR and term: your monthly payment, total interest and total cost of the loan.

Formula

Monthly payment = P × r / (1 − (1 + r)^−n) ; r = Annual interest rate (APR %) / 12 ; n = Loan term

Assumptions

Standard amortising loan with fixed payments, excluding loan insurance, taxes and incentives: add them for your offer and country. Indicative only — not financial advice.

How to read it

The monthly payment is only part of the cost — look mainly at total interest. A lower rate over a longer term can cost more in the end than a slightly higher rate over 36 months. Figures are indicative; the real offer depends on your profile and the lender.

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