Auto Loan Calculator
Auto Loan Calculator Help
Use this calculator to calculate loan details when the down payment is expressed as an amount.
Unlike a general loan calculator, this calculator allows for two unknown values. In addition to solving for the monthly payment amount, it will also calculate the "Car Price", the "Down Payment Amount" or the "Loan Amount". Just enter a "0" (zero) for one of the three values and provide the other two.
Note that the calculator calculates what percentage the down payment is of the price of the car. This is handy when a lender requires a borrower to provide a minimum percentage cash deposit.
The term (duration) of the loan is expressed as a number of months.
- 60 months = 5 years
- 120 months = 10 years
- 180 months = 15 years
- 240 months = 20 years
- 360 months = 30 years
If you need the ability to print the amortization schedule, or more flexibility such as selecting different payment or compounding frequencies or the ability to calculate term or interest rate, please see the auto loan calculator here: https://financial-calculators.com/auto-loan-calculator
Currency and Date Conventions
All calculators will remember your choice. You may also change it at any time.
Clicking "Save changes" will cause the calculator to reload. Your edits will be lost.

Low Rates Auto is an amalgamation of automotive professionals that strive to help their customers have the best experience through the vehicle selection and financing approval process. With over 30 years experience we have a dealer network that spans the country and can assist you to get driving right away. New vehicle, used vehicles, good credit, poor credit or new to the country we can help! Low Rates Auto’s head office is in Kelowna BC but we have delivery and pick up anywhere in Canada.
Just like mortgage rates automotive finance rates can very depending on personal credit and vehicle age. We guarantee the lowest rates possible for all types of credit!