Car Loan Calculator
The sticker price is only the start. Financing adds interest, and your down payment shapes both. This calculator turns a vehicle price and down payment into the monthly payment and total cost.
How it works
The loan amount equals the vehicle price minus your down payment. The calculator then applies the standard amortization formula with the annual rate and term to find the fixed monthly payment, total repaid and total interest.
Worked example
Example: €25,000 car, €5,000 down, 5.5% over 5 years → €383/month, €22,975 total interest+principal on €20,000 financed.
Recommendations
- Aim for a down payment of 20% or more to stay ahead of rapid depreciation.
- Keep the term short — 5 years of interest on a depreciating asset is rarely smart.
- Compare the total cost, not just the monthly payment the dealer quotes.
Tips & advice
- Cars lose ~20% of value in year one; financing that loss is expensive.
- A €5,000 lower price or higher down payment saves more than a small rate cut.
- Dealer financing is often negotiable — bring your bank's offer.
Next steps & suggestions
- Check the loan fits your budget with the Cash Flow Calculator.
- See your debt load with the Debt Ratio Calculator.
- Understand the full loan math with the Amortization Calculator.
Debt-to-Income Ratio Calculator
Banks measure your credit risk with one number: the debt ratio. This calculator computes yours from your monthly debts and income, and shows how much margin you have before lenders start refusing.
Borrowing Capacity Calculator
How much can you really borrow? It is not a guess — it flows from your income, existing debts, the rate and the term. This calculator gives you the number lenders will reach on their side of the desk.
Loan Amortization Calculator
A loan's real cost is the interest, not just the monthly payment. This calculator gives you the full picture: the fixed monthly payment, the total repaid and the total interest over the entire term.
Car Loan Calculator
It is 100% free, private and requires no signup.
Try it nowFrequently Asked Questions
Lenders generally accept a debt-to-income ratio up to 35%, and rarely above 45%. Lower is safer and improves your borrowing capacity.
It calculates a fixed monthly payment where each payment covers interest first, then principal. Over the term, the principal share grows while interest shrinks.
Yes — every calculator is 100% free, with no signup, no limit and no hidden cost.
No. All calculations run instantly in your browser. Your inputs are never sent to a server or saved.
They use standard financial formulas and are ideal for estimates. Actual figures can vary due to taxes, fees and local rules, so confirm critical numbers with a professional.
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