Use this calculator to help you determine your monthly car loan payment or your car purchase price. After you have entered your current information, use the graph options to see how different loan terms or down payments can impact your monthly payment. You can also examine your complete amortization schedule by clicking on the "View Report" button.
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Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
How do auto loans differ by state? The precise fee differences stem from tax, tags, title, rebate, trade-in value, and doc fees. Auto loan monthly payments vary by state on equally priced vehicles because the elements that make up the amount financed in additional to the sale price vary by state. Not only does the cost of tax and tags differ by state, but also the method for calculating the taxable amount. |
What amounts are taxed? Here's the list of taxable fees that may be written into a car loan depending on state policies:
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How is tax calculated? Four states charge tax on the full sale price plus the documentation fee, while the rest give credit for trade-in values or factory rebates. Sixteen states charge tax on extended warranties, maintenance plans, or gap insurance while the others do not. Select your state to view your method. |
What amounts are taxed? Here's the list of taxable fees that may be written into a car loan depending on state policies:
Is my trade-in payoff calculated? Yes! Obtain your bank payoff here, and include the amount as a trade-in payoff in your state's calculator. How are DMV fees calculated? Some states calculate registration fees with a fluctuating flat fee based on vehicle type, weight, model year, or usage. Other states use a percentage of the sale price or MSRP that decreases by a percentage each year. You heard that right! Many states use a percentage of a percentage. The calculator will preload the accurate method for your state. All transfer fees must be combined to calculate the total. |
Conclusion Vehicle tax and tags are never one simple DMV fee and full registration can add up quickly including charges for: lien filing, ownership transfer, title certificate, temporary tag, vin verification, emissions check, weight fee, horsepower surcharge, tire recycling, highway usage, rush fee, street beautification, and wheel tax in addition to ad valorem property tax.Don't worry! We already checked it out for your state and preloaded the calculator with a close estimate to what you will pay. We also provided source links on each state page in case you want to dive deeper into research. |
Use our auto loan calculator to estimate your monthly car loan payments. Enter a car price and adjust other factors as needed to see how changes affect your estimated payment.
Car price
Down payment
Trade-in value
Estimated sales tax
Other fees*
not included
Total loan amount
Total interest paid
(over life of loan)
Total loan & interest paid
Monthly payment
*Title and other fees and incentives are not included in this calculation, which is an estimate only. Monthly payment estimates are for informational purpose and do not represent a financing offer from the seller of this vehicle. Other taxes may apply.