Loan Payment Calculator

Now you can easily find out your monthly car payment with our loan payment calculator. All you need to do is enter the term of your loan (in months), interest rate, and the amount of the loan. The calculator does the rest for you.

The loan calculator below is a JAVA application. To run the calculator on your computer, you need to have a JAVA compatible browser or a JAVA plug-in.

Example

Term: Enter the number of months

For a 2-year loan, enter 24
For a 3-year loan, enter 36
For a 4-year loan, enter 48
For a 5-year loan, enter 60

Interest Rate

Enter the interest rate. If the rate is 7.65 APR, enter 7.65.

Loan Amount

Enter the amount of the loan. If the amount is $15,988, enter 15988 (commas aren't needed).

Monthly Payment

To calculate your monthly car payment, click the compute button.

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