You asked for it so we got it! This is the best loan calculator you'll ever find.
You can calculate any type of loan that has a fixed term and rate.
Calculate roof loans, car loans, home loans, personal loans and more!
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Trade-ins contribute to tax credit towards your loan amount. Typically reserved for vehicle trade-ins
Bring a previous loan balance to the new loan
Sales tax amount: $0
Monthly payment: ＄478 92
Total Financed: $20,000
This includes the loan amount, sales tax, down payment, trade-in value, and existing loan balance.
Interest paid: $2,988 (15% of the amount financed)
This is total amount of interest that you will pay over the life of the loan.
Averages to $62.25 in interest per month
Total amount paid: $22,988 39
This is total amount you will pay over the life of the loan.
Monthly Payment Breakdown
The graph shows the breakdown of your monthly payment into principal and interest.
If the red line is above the green line, it means you are paying more in interest than you are towards the principal (and vice-versa).