Professional-grade car financing calculator with real-time amortization, term comparison, vehicle database, and total cost of ownership analysis. Make smarter financing decisions.
Competitive rates
Select factors to estimate your total monthly cost beyond just the loan payment.
Fill in the loan details and click Calculate to see your results
APR (Annual Percentage Rate) includes both the interest rate and fees, giving you the true cost of borrowing.
Simple Interest is calculated on the principal only. Most auto loans use this method.
Promotional Rates like 0% APR may require forgoing rebates. Always calculate the total cost both ways.
750+: Excellent rates, typically 4.5-6.5% for new vehicles.
700-749: Good rates, 6.5-8.5% range common.
Below 650: Subprime rates of 12-20%+ apply. Consider improving credit before financing.
20% Down: Protects against negative equity and lowers payments.
48-60 Months: Best balance of payment and total cost. Avoid 72+ months.
Pre-Approval: Get quotes from banks before visiting dealers for leverage.
| Credit Score | Rating | New Car APR | Used Car APR | Approval Odds |
|---|---|---|---|---|
| 750+ | Excellent | 4.5% - 6.5% | 5.5% - 7.5% | 95%+ |
| 700-749 | Good | 6.5% - 8.5% | 7.5% - 10% | 85%+ |
| 650-699 | Fair | 8.5% - 12% | 10% - 14% | 70%+ |
| 600-649 | Poor | 12% - 18% | 14% - 20% | 50%+ |
| Below 600 | Bad | 18% - 25%+ | 20% - 30%+ | 30%+ |
“This calculator saved me from making a huge mistake. I was about to sign for a 72-month loan until I saw how much extra interest I would pay. The comparison tool showing different terms was eye-opening. Ended up with a 48-month loan!”
“The credit score adjustment feature was incredibly helpful. I could see exactly how improving my credit from fair to good would affect my rate. Waited 3 months and got a rate 2% lower than originally quoted.”
“Love that this includes sales tax, registration, and GAP insurance in the calculation. Other calculators gave me numbers that were way off from reality. The export feature let me take my calculations to the dealer.”
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