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Car Loan Calculator

Enter the car's price, your down payment, the interest rate and loan term to see your monthly payment.

— Enter your loan details, then calculate.

How it's calculated

The down payment is subtracted from the price to get the financed amount, then the standard EMI formula applies: Payment = P × r × (1+r)^n ÷ ((1+r)^n − 1), where P is the financed amount, r is the monthly rate, and n is the loan term in months.

Frequently asked

Does this include taxes or fees?

No — enter the car's total price including any taxes and fees you're financing, and this calculates the payment on that amount minus your down payment. It doesn't add anything on top.