Car Loan Calculator

About This Calculator

Plan your loans and savings with confidence using our Simple Interest Calculator. Determine interest earned or owed based on principal, rate, and time for loans, car payments, or savings accounts.

Accurate calculations help you make better financial decisions, plan repayments, and avoid unexpected interest costs. Enter your numbers, and the tool provides instant, reliable results.

Ideal for students, professionals, and anyone managing personal finances, this calculator simplifies interest calculations and helps you understand how money grows or accumulates over time.

Use this calculator to:

  • Estimate monthly auto loan payments

  • Compare loan terms

  • Understand total interest paid

  • Plan vehicle purchase budgets

Loan Details

$
%

Early Payoff Options

See how extra payments can shorten your loan term and save you money.

$
$
$

The early payoff and savings shown are estimates. Your actual savings may vary.

Payment Summary

Estimated Monthly Payment

$471.78

This is an estimate for informational purposes only and does not include potential state taxes, title, registration, or other dealer fees. Your actual payment may differ.

Loan Summary

Loan Amount:

$25,000

Original Total Interest:

$3,307

Original Loan Term:

5 years

Frequently Asked Questions

How does the Car Loan Calculator work?

What impact does the "Loan Term (Years)" have?

What is "Total Loan Amount"?

How does the "Early Payoff" feature benefit me?

Is the interest rate I enter always accurate?

Frequently Asked Questions

How does the Car Loan Calculator work?

What impact does the "Loan Term (Years)" have?

What is "Total Loan Amount"?

How does the "Early Payoff" feature benefit me?

Is the interest rate I enter always accurate?

Frequently Asked Questions

How does the Car Loan Calculator work?

What impact does the "Loan Term (Years)" have?

What is "Total Loan Amount"?

How does the "Early Payoff" feature benefit me?

Is the interest rate I enter always accurate?

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