Auto Loan Calculator

Calculate your monthly car payment, total interest, and true cost. 2026 rate guide included.

Vehicle price ($)

Down payment ($)

Trade-in value ($)

Interest rate (%/yr)

Loan term

Sales tax (%)

Monthly payment

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Total loan

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Total interest

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Total cost

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Interest %

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Rate assessment

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Auto loan rates by credit score, 2026

What is the average auto loan rate in 2026?

Approximately 7.1% for new cars, ranging from 5.5% (excellent credit) to 21% (poor credit).

Is 60 or 72 months better?

60 months is recommended — 72 months costs more interest and risks being underwater on the loan.