Car Loan Calculator Excel



Car Loan Calculator Excel is used to calculate your monthly car payments. This is an all in one auto loan calculator that includes options for trade in, extra payments and a car loan amortization schedule that you can export to excel.

Car Payment Calculator

Vehicle Price
$
Down Payment
$
Loan Amount
$
Loan Terms
Interest Rate
Payment Frequency
Trade In Value
$
Sales Tax
%
Other Fees
$
First Payment Date

Amortization schedule
Include all fees into loan
Extra Payments
One Time
$ On Date
Monthly or Biweekly
$ Starting Date
Quarterly
$ Starting Date
Yearly
$ Starting Date





Auto Loan Calculator Results

Loan Amount: $30,000.00
Total Monthly Payment:
$525.83
Total # Of Payments: 60
Start Date: Jun, 2023
Payoff Date: May, 2028
Down Payment: $20,000.00
Trade In Value: $0.00
Sales Tax: $0.00
Other Fee: $0.00
Total Interest Paid: $1,549.97
Total of All Costs:
$51,549.97

Auto Loan Amortization Schedule

Payment Date Payment # Interest Principal Total Payment Balance
Jun, 2023 1 $50.00 $475.83 $525.83 $29,524.17
Jul, 2023 2 $49.21 $476.63 $525.83 $29,047.54
Aug, 2023 3 $48.41 $477.42 $525.83 $28,570.12
Sep, 2023 4 $47.62 $478.22 $525.83 $28,091.91
Oct, 2023 5 $46.82 $479.01 $525.83 $27,612.89
Nov, 2023 6 $46.02 $479.81 $525.83 $27,133.08
Dec, 2023 7 $45.22 $480.61 $525.83 $26,652.47
Jan, 2024 8 $44.42 $481.41 $525.83 $26,171.06
Feb, 2024 9 $43.62 $482.21 $525.83 $25,688.84
Mar, 2024 10 $42.81 $483.02 $525.83 $25,205.83
Apr, 2024 11 $42.01 $483.82 $525.83 $24,722.00
May, 2024 12 $41.20 $484.63 $525.83 $24,237.37
Jun, 2024 13 $40.40 $485.44 $525.83 $23,751.94
Jul, 2024 14 $39.59 $486.25 $525.83 $23,265.69
Aug, 2024 15 $38.78 $487.06 $525.83 $22,778.63
Sep, 2024 16 $37.96 $487.87 $525.83 $22,290.76
Oct, 2024 17 $37.15 $488.68 $525.83 $21,802.08
Nov, 2024 18 $36.34 $489.50 $525.83 $21,312.59
Dec, 2024 19 $35.52 $490.31 $525.83 $20,822.28
Jan, 2025 20 $34.70 $491.13 $525.83 $20,331.15
Feb, 2025 21 $33.89 $491.95 $525.83 $19,839.20
Mar, 2025 22 $33.07 $492.77 $525.83 $19,346.43
Apr, 2025 23 $32.24 $493.59 $525.83 $18,852.84
May, 2025 24 $31.42 $494.41 $525.83 $18,358.43
Jun, 2025 25 $30.60 $495.24 $525.83 $17,863.20
Jul, 2025 26 $29.77 $496.06 $525.83 $17,367.13
Aug, 2025 27 $28.95 $496.89 $525.83 $16,870.25
Sep, 2025 28 $28.12 $497.72 $525.83 $16,372.53
Oct, 2025 29 $27.29 $498.55 $525.83 $15,873.99
Nov, 2025 30 $26.46 $499.38 $525.83 $15,374.61
Dec, 2025 31 $25.62 $500.21 $525.83 $14,874.40
Jan, 2026 32 $24.79 $501.04 $525.83 $14,373.36
Feb, 2026 33 $23.96 $501.88 $525.83 $13,871.48
Mar, 2026 34 $23.12 $502.71 $525.83 $13,368.77
Apr, 2026 35 $22.28 $503.55 $525.83 $12,865.22
May, 2026 36 $21.44 $504.39 $525.83 $12,360.83
Jun, 2026 37 $20.60 $505.23 $525.83 $11,855.59
Jul, 2026 38 $19.76 $506.07 $525.83 $11,349.52
Aug, 2026 39 $18.92 $506.92 $525.83 $10,842.60
Sep, 2026 40 $18.07 $507.76 $525.83 $10,334.84
Oct, 2026 41 $17.22 $508.61 $525.83 $9,826.23
Nov, 2026 42 $16.38 $509.46 $525.83 $9,316.78
Dec, 2026 43 $15.53 $510.30 $525.83 $8,806.47
Jan, 2027 44 $14.68 $511.16 $525.83 $8,295.32
Feb, 2027 45 $13.83 $512.01 $525.83 $7,783.31
Mar, 2027 46 $12.97 $512.86 $525.83 $7,270.45
Apr, 2027 47 $12.12 $513.72 $525.83 $6,756.74
May, 2027 48 $11.26 $514.57 $525.83 $6,242.16
Jun, 2027 49 $10.40 $515.43 $525.83 $5,726.73
Jul, 2027 50 $9.54 $516.29 $525.83 $5,210.45
Aug, 2027 51 $8.68 $517.15 $525.83 $4,693.30
Sep, 2027 52 $7.82 $518.01 $525.83 $4,175.29
Oct, 2027 53 $6.96 $518.87 $525.83 $3,656.41
Nov, 2027 54 $6.09 $519.74 $525.83 $3,136.67
Dec, 2027 55 $5.23 $520.61 $525.83 $2,616.07
Jan, 2028 56 $4.36 $521.47 $525.83 $2,094.60
Feb, 2028 57 $3.49 $522.34 $525.83 $1,572.25
Mar, 2028 58 $2.62 $523.21 $525.83 $1,049.04
Apr, 2028 59 $1.75 $524.08 $525.83 $524.96
May, 2028 60 $0.87 $524.96 $525.83 $0.00

Compare Monthly vs. Bi-weekly

Payment Frequency Monthly Bi-weekly
Payments / Year 12 26
Each Payment $525.83 $262.92
Total Interest $1,549.97 $1,411.19
Total Payment $51,549.97 $51,411.19
Total Savings $0 $138.78
Payoff Date May, 2028 Dec, 2027

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How to use the Car Loan Calculator?

Following are the terms for the car loan calculator which explains how you to use calculator.

Vehicle Price - The price of the car that you want to buy.

Down Payment - How much are you putting down as initial payment for the purchase of the car.

Loan Amount - How much loan are you applying for to finance the car.

Loan Terms - The loan terms in years or months. 3 year and 5 year terms are common for auto loans.

Interst Rate - The interest rate that you will be paying for the loan. Usually, interest rates are lower for those who have good credit.

Payment Frequency - Monthly payment is the default option for car loans. However, you can use the bi-weekly payment option to see how much interest you can save and how much ealier you can payoff your car loan.

Trade In Value - If you have an old car that you can trade in, this is the field where you put in the trade in price of your old car.

Sales Tax - How much sales tax are you paying for the car.

Other Fees - Are there any other costs associate with the purchase of your car?

First Payment Date - You can put in any date as the first payment date, it can be a date from the past, present or future.

Amortization Schedule - Show the amortization schedule by year or month.

Extra Payments - Do you want to make extra payments on the car loan? There are four types of extra payments our car loan calculator support.

Car Loan Amortization Schedule Excel

The car loan amortization schedule excel shows all the detail of each payment, such as the payment date, payment #, interest, principal, total payment, and the remaining balance. You will see the payoff date, and total costs of all payments. You can save the car loan amortization schedule in excel for future reference.

monthly payment on $2,000 car loan
monthly payment on $10,000 car loan over 60 months
monthly payment on $10,000 car loan over 72 months
monthly payment on $10,000 car loan over 3 years
monthly payment on $10,000 car loan over 5 years
monthly payment on $10,000 car loan over 6 years



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