Auto Loan Calculator

Loan Details

🚗 New
🚙 Used
$
$
%
%
$
$
%
$
$
📆 Monthly
📆 Bi-Weekly
$694
Monthly Payment
60 months
$24,000
Loan Amount
After rebate + trade-in
$8,430
Total Interest
6.89% APR
$41,155
Total Cost (all-in)
Vehicle + tax + fees + interest

Cost Breakdown

Monthly Payment (principal vs interest)

Amortization Schedule Year 1-5

YearPrincipal PaidInterest PaidBalance

📆 Monthly Payment

$694
60 payments • 60 months
Total interest: $8,430
Total cost: $41,155

📆 Bi-Weekly (save!)

$347
130 payments • 54 months
Save $892
Interest: $7,538
💡 Interest deduction eligible under One Big Beautiful Bill Act (2025-2028) — up to $10,000/year on new U.S.-assembled vehicles.