The Carvago toolkit
Car Loan Calculator
Estimate fixed monthly repayments, total interest and an amortisation schedule.
Your details
Your estimate
Enter your inputs to calculate.—
Estimated monthly paymentAssumes a fixed-rate, fully amortising loan with end-of-month payments. No balloon, fees, tax, insurance or rate changes. Figures are estimates, not a lender offer; actual rounding and contracts can differ.
No black-box answers.
- Monthly rate r = nominal annual percentage ÷ 100 ÷ 12; n = number of monthly payments.
- For r > 0: payment = P × r ÷ [1 − (1 + r)^(−n)]. At 0%: payment = P ÷ n.
- Total repayment = unrounded monthly payment × n. Interest = total repayment − principal. CSV contains the month-by-month amortisation schedule; the page groups it by year.
Default inputs are examples, not live prices or recommended rates. All calculations run in your browser. Inputs are not automatically saved: print or download before leaving.
A few things to know
Is this an APR calculator?
No. It accepts a nominal annual interest rate and excludes fees. Ask the lender which rate and method apply.
Does it support a 0% loan?
Yes. Principal is divided equally across the number of months.
Is a down payment included?
Enter the final amount you will borrow after your down payment. The calculator does not subtract it again.