movbudget.com

Figure out your real car loan payment in seconds

Free auto loan calculator with instant monthly payments, total interest, and amortization — plus real rate comparisons when you are ready.

Calculate my payment

No email. No sign-up. Free forever.

Auto loan calculator

$
$
$
Loan term

months

%

Estimated monthly payment

$616.33/mo

About 15% of a $50,000 household’s monthly income.

Loan amount
$31,500
Total interest
$5,480
Total of payments
$36,980
Principal 85%Interest 15%

No email required

Use the calculator instantly. We never store your inputs and never ask you to sign up.

Rates from 50+ lenders

When you are ready, compare real pre-approved offers from a large lender marketplace.

Free, forever

Every calculator and guide on this site is free to use, with no paywalls.

Popular vehicle calculators

Jump to a calculator pre-filled for a specific model.

See the full auto loan calculator →

How it works

1

Enter your details

Add the vehicle price, down payment, loan term, and APR. Results update as you type.

2

See your real payment

Get your monthly payment, total interest, and a principal-vs-interest breakdown.

3

Compare real rates

Pre-fill your numbers and compare actual offers from 50+ lenders in about a minute.

Frequently asked questions

Is this auto loan calculator free to use? +

Yes. Every calculator and article on movbudget.com is free, and you do not need to create an account or enter an email address to use them.

How accurate is the monthly payment estimate? +

The calculator uses the standard amortization formula that lenders use, so the math is accurate for the numbers you enter. Your actual payment can differ based on your final APR, sales tax, dealer fees, and any add-ons.

What APR should I enter? +

Use a rate that reflects your credit. As a rough 2025 guide for new cars, prime borrowers (720+) often see about 6–7%, near-prime (660–719) about 9–11%, and subprime (under 660) 13–15% or more. The exact rate depends on the lender and the current market.

Does using the calculator affect my credit score? +

No. The calculator is just a math tool and does not check your credit. Only a formal loan application with a lender results in a hard credit inquiry.

What loan term should I choose? +

A shorter term means a higher monthly payment but less total interest; a longer term lowers the payment but costs more overall and increases the risk of owing more than the car is worth. Compare the total-interest figure across terms before deciding.

How much should I put down? +

A common guideline is 10–20% of the vehicle price for a new car. A larger down payment lowers your payment, reduces total interest, and helps you avoid negative equity.

Do you store my information or sell my data? +

The calculator runs in your browser and we do not store the values you enter. See our Privacy Policy for how analytics and any email sign-ups are handled.

Auto loan rate updates, monthly

A short monthly email on where auto loan rates are heading. No spam, unsubscribe anytime.

Latest guides

All articles →