Auto Loan Calculator - Calculate Monthly Payments, Interest & Total Cost
Auto Loan Calculator
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Calculation Results
Monthly Pay
Auto Price
Down Payment
Sales Tax
Total Loan Interest
Total Loan Amount
Total Loan Payments
Amount Due at Signing
Total Cost
Loan Payoff Date
Payment Amortization Table
| Month | Date | Payment | Principal | Interest | End Balance |
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| Year | Date | Payment | Principal | Interest | End Balance |
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Payment Visualization
How Much Is a $40,000 Car Payment for 60 Months?
That depends on the sales tax, down payment amount, interest rate, and loan term. Let's say you put down $5,000, with a 5% interest rate, a 60-month loan term, 7% sales tax, and $1,000 in additional fees. Then your monthly payment would be around $732.20, and the total cost (including price, interest, tax, and fees) would be $48,932.23.
How Much Is a Payment on a $80,000 Car?
For a $80,000 vehicle, assuming a $16,000 down payment, 5% interest, and 60 months, your payment would be approximately $1207.76 per month.
References
- Consumer Financial Protection Bureau - Auto Loans Guide
- Federal Trade Commission - Car Financing Guide
- USA.gov - Buying a Car
- National Highway Traffic Safety Administration - Buying a New Car
- Federal Reserve - Auto Loan Shopping Guide
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