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Car loan calculator with amortization schedule to calculate the monthly payment for your car loan. Whether you are buying an used car or finance for a new car, you will find this auto loan calculator come in handy. This car loan calculator has everything that you may need to calculate your payment with options for down payment, trade in, sales tax, fees, extra payments, bi-weekly payments and a detailed amortization schedule about each payment.
Auto Loan Calculator Results |
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| Loan Amount: | $20,000.00 | |||||
Total Monthly Payment: |
$350.56 |
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| Total # Of Payments: | 60 | |||||
| Start Date: | Jan, 2022 | |||||
| Payoff Date: | Dec, 2026 | |||||
| Down Payment: | $0.00 | |||||
| Trade In Value: | $0.00 | |||||
| Sales Tax: | $0.00 | |||||
| Other Fee: | $0.00 | |||||
| Total Interest Paid: | $1,033.31 | |||||
Total of All Costs: |
$21,033.31 |
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Auto Loan Amortization Schedule |
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| Payment Date | Payment # | Interest | Principal | Total Payment | Balance | |
|---|---|---|---|---|---|---|
| Jan, 2022 | 1 | $33.33 | $317.22 | $350.56 | $19,682.78 | |
| Feb, 2022 | 2 | $32.80 | $317.75 | $350.56 | $19,365.03 | |
| Mar, 2022 | 3 | $32.28 | $318.28 | $350.56 | $19,046.75 | |
| Apr, 2022 | 4 | $31.74 | $318.81 | $350.56 | $18,727.94 | |
| May, 2022 | 5 | $31.21 | $319.34 | $350.56 | $18,408.59 | |
| Jun, 2022 | 6 | $30.68 | $319.87 | $350.56 | $18,088.72 | |
| Jul, 2022 | 7 | $30.15 | $320.41 | $350.56 | $17,768.31 | |
| Aug, 2022 | 8 | $29.61 | $320.94 | $350.56 | $17,447.37 | |
| Sep, 2022 | 9 | $29.08 | $321.48 | $350.56 | $17,125.90 | |
| Oct, 2022 | 10 | $28.54 | $322.01 | $350.56 | $16,803.88 | |
| Nov, 2022 | 11 | $28.01 | $322.55 | $350.56 | $16,481.33 | |
| Dec, 2022 | 12 | $27.47 | $323.09 | $350.56 | $16,158.25 | |
| Jan, 2023 | 13 | $26.93 | $323.62 | $350.56 | $15,834.62 | |
| Feb, 2023 | 14 | $26.39 | $324.16 | $350.56 | $15,510.46 | |
| Mar, 2023 | 15 | $25.85 | $324.70 | $350.56 | $15,185.76 | |
| Apr, 2023 | 16 | $25.31 | $325.25 | $350.56 | $14,860.51 | |
| May, 2023 | 17 | $24.77 | $325.79 | $350.56 | $14,534.72 | |
| Jun, 2023 | 18 | $24.22 | $326.33 | $350.56 | $14,208.39 | |
| Jul, 2023 | 19 | $23.68 | $326.87 | $350.56 | $13,881.52 | |
| Aug, 2023 | 20 | $23.14 | $327.42 | $350.56 | $13,554.10 | |
| Sep, 2023 | 21 | $22.59 | $327.97 | $350.56 | $13,226.13 | |
| Oct, 2023 | 22 | $22.04 | $328.51 | $350.56 | $12,897.62 | |
| Nov, 2023 | 23 | $21.50 | $329.06 | $350.56 | $12,568.56 | |
| Dec, 2023 | 24 | $20.95 | $329.61 | $350.56 | $12,238.95 | |
| Jan, 2024 | 25 | $20.40 | $330.16 | $350.56 | $11,908.80 | |
| Feb, 2024 | 26 | $19.85 | $330.71 | $350.56 | $11,578.09 | |
| Mar, 2024 | 27 | $19.30 | $331.26 | $350.56 | $11,246.83 | |
| Apr, 2024 | 28 | $18.74 | $331.81 | $350.56 | $10,915.02 | |
| May, 2024 | 29 | $18.19 | $332.36 | $350.56 | $10,582.66 | |
| Jun, 2024 | 30 | $17.64 | $332.92 | $350.56 | $10,249.74 | |
| Jul, 2024 | 31 | $17.08 | $333.47 | $350.56 | $9,916.27 | |
| Aug, 2024 | 32 | $16.53 | $334.03 | $350.56 | $9,582.24 | |
| Sep, 2024 | 33 | $15.97 | $334.58 | $350.56 | $9,247.65 | |
| Oct, 2024 | 34 | $15.41 | $335.14 | $350.56 | $8,912.51 | |
| Nov, 2024 | 35 | $14.85 | $335.70 | $350.56 | $8,576.81 | |
| Dec, 2024 | 36 | $14.29 | $336.26 | $350.56 | $8,240.55 | |
| Jan, 2025 | 37 | $13.73 | $336.82 | $350.56 | $7,903.73 | |
| Feb, 2025 | 38 | $13.17 | $337.38 | $350.56 | $7,566.35 | |
| Mar, 2025 | 39 | $12.61 | $337.94 | $350.56 | $7,228.40 | |
| Apr, 2025 | 40 | $12.05 | $338.51 | $350.56 | $6,889.90 | |
| May, 2025 | 41 | $11.48 | $339.07 | $350.56 | $6,550.82 | |
| Jun, 2025 | 42 | $10.92 | $339.64 | $350.56 | $6,211.19 | |
| Jul, 2025 | 43 | $10.35 | $340.20 | $350.56 | $5,870.98 | |
| Aug, 2025 | 44 | $9.78 | $340.77 | $350.56 | $5,530.21 | |
| Sep, 2025 | 45 | $9.22 | $341.34 | $350.56 | $5,188.87 | |
| Oct, 2025 | 46 | $8.65 | $341.91 | $350.56 | $4,846.97 | |
| Nov, 2025 | 47 | $8.08 | $342.48 | $350.56 | $4,504.49 | |
| Dec, 2025 | 48 | $7.51 | $343.05 | $350.56 | $4,161.44 | |
| Jan, 2026 | 49 | $6.94 | $343.62 | $350.56 | $3,817.82 | |
| Feb, 2026 | 50 | $6.36 | $344.19 | $350.56 | $3,473.63 | |
| Mar, 2026 | 51 | $5.79 | $344.77 | $350.56 | $3,128.87 | |
| Apr, 2026 | 52 | $5.21 | $345.34 | $350.56 | $2,783.52 | |
| May, 2026 | 53 | $4.64 | $345.92 | $350.56 | $2,437.61 | |
| Jun, 2026 | 54 | $4.06 | $346.49 | $350.56 | $2,091.12 | |
| Jul, 2026 | 55 | $3.49 | $347.07 | $350.56 | $1,744.05 | |
| Aug, 2026 | 56 | $2.91 | $347.65 | $350.56 | $1,396.40 | |
| Sep, 2026 | 57 | $2.33 | $348.23 | $350.56 | $1,048.17 | |
| Oct, 2026 | 58 | $1.75 | $348.81 | $350.56 | $699.36 | |
| Nov, 2026 | 59 | $1.17 | $349.39 | $350.56 | $349.97 | |
| Dec, 2026 | 60 | $0.58 | $349.97 | $350.56 | $0.00 | |
Compare Monthly vs. Bi-weekly |
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| Payment Frequency | Monthly | Bi-weekly | ||||
|---|---|---|---|---|---|---|
| Payments / Year | 12 | 26 | ||||
| Each Payment | $350.56 | $175.28 | ||||
| Total Interest | $1,033.31 | $940.79 | ||||
| Total Payment | $21,033.31 | $20,940.79 | Total Savings | $0 | $92.52 | |
| Payoff Date | Dec, 2026 | Aug, 2026 | ||||
The auto loan amortization calculator is able to calculate any type of auto loans and generate a car loan amortization schedule with principal, interest, and balance for each payment.
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