Car Loan Amortization Schedule Calculator
Enter your loan details to see your monthly payment and how much total interest you'll pay over the life of your auto loan.
About this calculator
Generate a month-by-month view of your auto loan, showing how much of each payment goes to principal vs interest, plus total interest paid over the life of the loan.
Frequently Asked Questions
How does an extra monthly payment affect my loan?
Extra payments reduce your principal faster, which shortens your loan term and reduces total interest paid, even though your scheduled monthly payment stays the same.
Is this amortization schedule exact?
This calculator provides an estimate based on standard amortization formulas. Your actual lender's schedule may vary slightly due to rounding or day-count conventions.
What's the difference between principal and interest in a car loan?
Principal is the amount you borrowed; interest is the cost of borrowing. Early payments are weighted more toward interest, shifting toward principal over time.