Auto loan calculator
Estimate car financing after a deposit and trade-in.
- , -Your receipt will appear hereFix the value in red to update the result.
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How does it work?
Step 1Enter the vehicle price.
Step 2Deduct the deposit and trade-in, then choose the rate and term.
Step 3Review monthly payments and interest.
P = price − deposit − trade-in · M = P × i / (1 − (1+i)^(−12y))
Frequently asked questions
Vehicle price minus deposit and net trade-in value. The result must be strictly positive.
The net value available after settling any outstanding loan on the old vehicle.
No. This calculation excludes insurance, taxes, fees and balloon payments, and assumes fixed monthly payments.