Auto Loan Calculator — 60-Month
The 60-month loan is the most common new-car term, balancing a manageable monthly payment against moderate total interest over five years. This page pre-fills a five-year term so you can estimate a mainstream new-car payment and see how the down payment and trade-in change it.
Monthly car payment estimate
Estimated payment, per month
$658.88
Financing breakdown
Sales tax$2,275
Amount financed$33,275
Total interest$6,258
Total cost (down + payments)$43,533
Estimate using fixed-rate amortization. Sales tax is applied to the vehicle price; trade-in tax credits vary by state and are not modeled. Not a financing offer or APR quote.