Total Car Loan Cost Calculator

Price, down payment, APR, term and fees: what the car really costs once the loan is paid off.

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

Compare offers on total cost (interest + fees + any credit insurance), not on the monthly payment alone. A “0%” dealer loan often comes with a less negotiable sale price.

Continue with

Next tools

Buying & financingCash vs Finance: Which Is Cheaper for a Car?Financing costs interest, but the cash you keep can earn a return — compare the net cost of both options.Calculate →Buying & financingAuto Loan CalculatorPrice, down payment, APR and term: your monthly payment, total interest and total cost of the loan.Calculate →Cost of ownershipCar Total Cost of Ownership (TCO) CalculatorDepreciation, financing, fuel, insurance and maintenance combined: what your car really costs per month, per year and per mile.Calculate →