Include your down payment, trade-in, sales tax, and financed fees.
Calculated in your browser. No account required. Illustrative estimate. Review the assumptions before using the result.View calculation table
How this calculation works
Financed amount = price + tax on full price + fees − down payment − net trade-in equity.
Monthly payments use the fixed-rate loan formula. Net trade-in equity means vehicle value after any outstanding trade-in loan is repaid.
A worked example
A $20,000 car with a $5,000 down payment and no taxes, fees, or interest costs $250 per month over five years.
Assumptions and limitations
Sales tax is applied to the full purchase price; local trade-in tax credits are not modeled. Excludes running costs, dealer incentives, and balloon payments.
Common questions
Why can my actual result differ?
Sales tax is applied to the full purchase price; local trade-in tax credits are not modeled. Excludes running costs, dealer incentives, and balloon payments.
Are my inputs saved?
The calculator code processes inputs within your browser and does not send them to our server or save them in browser storage. Downloads and copied summaries remain under your control.