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Use our car loan calculator to calculate auto payments over the life of your loan. Enter your information to see how much your monthly payments could be.
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If considering the purchase of a new car, the buyer must remember it will depreciate the minute the vehicle is driven off the lot. This means that if the buyer finances , as soon as they drive it home, they will likely owe more on the loan than the vehicle is worth. In addition, payments may be quite hefty, depending on the terms.
carmax-auto-finance-logosubnav--icon CarMax Auto Finance Car Payment Calculator Estimate your car payment or finance terms by adjusting the values below including vehicle price, credit rating, APR, down payment amount, and term length.
Use our free online loan calculator to estimate your monthly car, truck, or personal loan repayments.
On a 48 month loan, your estimated monthly auto payments are $316.11, and you'd pay $1,173 in interest over the life of the loan. If you went for a 60 month loan, your monthly payments would be $257.83 and $1,470 in total interest.
Monthly Car Payment Calculator. Estimate your monthly payments based on the amount you expect to finance, the APR and term for which you think you'd qualify.
Change Car Start over Tip: Get as much for your trade-in as possible to lessen your financed amount. Or consider selling the car yourself to put toward a down payment.