Free • No sign-up • No credit impact
Auto Loan Calculator
Know your monthly payment before you set foot on the lot. Adjust the price, down payment, trade-in, term, and rate to see exactly what a car costs over the life of the loan.
Auto Loan Calculator
Estimate your monthly payment. Adjust price, down payment, trade-in, term, and rate.
$
$3,500
$
Loan term
months
7.5%
0%20%
7.0%
0%12%
Estimated Monthly Payment$680/mofor 60 months at 7.5% APR
Principal $33,950Interest $6,867
Vehicle price$35,000
Sales tax$2,450
Down payment− $3,500
Trade-in− $0
Amount financed$33,950
Total interest$6,867
Total cost$44,317
Estimates only — not a financing offer or financial advice. Actual rates, terms, taxes, title, and fees are set by the lender and dealer and may differ. APR depends on your credit and the lender.
How it works
Financing in four steps
Walk into the dealership informed — and only take their loan if it actually beats your own.
STEP 1
Know your budget
Use the calculator to see how price, down payment, term, and rate change your monthly payment before you shop.
STEP 2
Pre-qualify online
Check your real rate with lenders in minutes. A soft pull shows estimated terms with no impact to your credit score.
STEP 3
Shop as a cash buyer
Walk in with a pre-qualified offer in hand. You can still take dealer financing if it beats your rate.
STEP 4
Close with confidence
Compare the dealer’s APR to your pre-qualified rate and pick whichever costs you less over the full term.
Save money
Six ways to get a lower rate
Small moves before you apply can save you thousands over the life of the loan.
Raise your credit score
Even a 20–40 point bump can move you to a lower APR tier. Pay down balances and fix report errors before applying.
Put more down
A larger down payment shrinks the amount financed — lowering both your monthly payment and total interest paid.
Choose a shorter term
A 48-month loan costs far less interest than 72 or 84 months, even though the monthly payment is higher.
Compare several lenders
Rates vary widely. Pre-qualify with 2–3 lenders within a short window so the inquiries count as a single shop.
Get pre-approved first
A pre-approval sets your ceiling and gives you leverage to negotiate the car price separately from financing.
Watch the total cost
A low monthly payment can hide a high total. Always check total interest and total cost, not just the payment.
Compare lenders
See your real rate
Pre-qualify with trusted lenders in a few minutes — most use a soft credit pull with no score impact.
Check If You Qualify
Compare financing from trusted lenders. Pre-qualifying takes a few minutes.
Capital One· Auto Navigator
Pre-qualify online to see your real rate with no impact to your credit score.
MotorDuke is not a lender and does not broker loans. These are independent third-party partners; rates, terms, and approval are determined solely by each lender. We do not share your information with them — you complete pre-qualification on the lender's own site.
Good to know
Financing FAQ
It uses the standard amortized loan formula on the amount financed (vehicle price plus sales tax, minus your down payment and trade-in), spread across the loan term at your APR. Early payments go mostly to interest; later ones mostly to principal.
It depends on your credit, the loan term, and whether the car is new or used. Borrowers with strong credit see the lowest rates; used-car and longer-term loans typically carry higher APRs. Pre-qualifying shows your real rate without affecting your score.
A longer term lowers the monthly payment but raises the total interest you pay and increases the risk of owing more than the car is worth. Pick the shortest term whose payment comfortably fits your budget.
No. The calculator is just an estimate and runs entirely in your browser — nothing is submitted. Only applying or pre-qualifying with a lender can involve a credit check, and many pre-qualification flows use a soft pull with no score impact.
No. MotorDuke is a deal-discovery and price-intelligence tool. We don’t lend money or broker loans — the lenders shown are independent third parties, and you complete any application on their own site.
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