This auto loan calculator helps you estimate monthly payments and the total interest cost for an 84-month auto loan.

Loan Calculation Formula

Monthly Payment = [Loan Amount × Monthly Interest Rate] ÷ [1 – (1 + Monthly Interest Rate)^-Loan Term]

Example Calculation

$25,000 loan at 5.5% interest rate for 84 months → $409.75 monthly payment, $5,617.80 total interest.

Why It Matters

Understanding your loan payments and total cost helps you make better decisions about your auto financing.