Free Car Loan Calculator | Auto Loan Calculator

Free Car Loan Calculator

Auto loan calculator

Use our auto loan calculator to calculate your monthly car loan payments. Enter a Amount of loan and Then Set the annual percentage of interest as needed and then enter repayment period in years to see how changes affect your estimated payment.

Enter Loan Information:
Amount of the loan (any currency):
Annual percentage rate of interest:
Repayment period in years:
Payment Information:
Your monthly payment:
Your total payment:
Your total interest payments:

What is a good interest rate on a car loan?

The average auto loan interest rate is 4.09% for new cars and 8.66% for used cars, as per Experian's State of the Automotive Finance Market report for the second quarter of 2021. With a credit score over 780, you'll have the absolute best to get a rate below 3% for new cars.

car loan calculator

What is the average interest rate on a car loan with a 700 credit score?

Average Interest Rates for Some Good Credit

Buyers whose credit ratings are from 700 to 850 have a good to excellent credit, All these buyers will pay between 3% and 4% interest on their car loan

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