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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: May, 2022
Payoff Date: Apr, 2027
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
May, 2022 1 $50.00 $475.83 $525.83 $29,524.17
Jun, 2022 2 $49.21 $476.63 $525.83 $29,047.54
Jul, 2022 3 $48.41 $477.42 $525.83 $28,570.12
Aug, 2022 4 $47.62 $478.22 $525.83 $28,091.91
Sep, 2022 5 $46.82 $479.01 $525.83 $27,612.89
Oct, 2022 6 $46.02 $479.81 $525.83 $27,133.08
Nov, 2022 7 $45.22 $480.61 $525.83 $26,652.47
Dec, 2022 8 $44.42 $481.41 $525.83 $26,171.06
Jan, 2023 9 $43.62 $482.21 $525.83 $25,688.84
Feb, 2023 10 $42.81 $483.02 $525.83 $25,205.83
Mar, 2023 11 $42.01 $483.82 $525.83 $24,722.00
Apr, 2023 12 $41.20 $484.63 $525.83 $24,237.37
May, 2023 13 $40.40 $485.44 $525.83 $23,751.94
Jun, 2023 14 $39.59 $486.25 $525.83 $23,265.69
Jul, 2023 15 $38.78 $487.06 $525.83 $22,778.63
Aug, 2023 16 $37.96 $487.87 $525.83 $22,290.76
Sep, 2023 17 $37.15 $488.68 $525.83 $21,802.08
Oct, 2023 18 $36.34 $489.50 $525.83 $21,312.59
Nov, 2023 19 $35.52 $490.31 $525.83 $20,822.28
Dec, 2023 20 $34.70 $491.13 $525.83 $20,331.15
Jan, 2024 21 $33.89 $491.95 $525.83 $19,839.20
Feb, 2024 22 $33.07 $492.77 $525.83 $19,346.43
Mar, 2024 23 $32.24 $493.59 $525.83 $18,852.84
Apr, 2024 24 $31.42 $494.41 $525.83 $18,358.43
May, 2024 25 $30.60 $495.24 $525.83 $17,863.20
Jun, 2024 26 $29.77 $496.06 $525.83 $17,367.13
Jul, 2024 27 $28.95 $496.89 $525.83 $16,870.25
Aug, 2024 28 $28.12 $497.72 $525.83 $16,372.53
Sep, 2024 29 $27.29 $498.55 $525.83 $15,873.99
Oct, 2024 30 $26.46 $499.38 $525.83 $15,374.61
Nov, 2024 31 $25.62 $500.21 $525.83 $14,874.40
Dec, 2024 32 $24.79 $501.04 $525.83 $14,373.36
Jan, 2025 33 $23.96 $501.88 $525.83 $13,871.48
Feb, 2025 34 $23.12 $502.71 $525.83 $13,368.77
Mar, 2025 35 $22.28 $503.55 $525.83 $12,865.22
Apr, 2025 36 $21.44 $504.39 $525.83 $12,360.83
May, 2025 37 $20.60 $505.23 $525.83 $11,855.59
Jun, 2025 38 $19.76 $506.07 $525.83 $11,349.52
Jul, 2025 39 $18.92 $506.92 $525.83 $10,842.60
Aug, 2025 40 $18.07 $507.76 $525.83 $10,334.84
Sep, 2025 41 $17.22 $508.61 $525.83 $9,826.23
Oct, 2025 42 $16.38 $509.46 $525.83 $9,316.78
Nov, 2025 43 $15.53 $510.30 $525.83 $8,806.47
Dec, 2025 44 $14.68 $511.16 $525.83 $8,295.32
Jan, 2026 45 $13.83 $512.01 $525.83 $7,783.31
Feb, 2026 46 $12.97 $512.86 $525.83 $7,270.45
Mar, 2026 47 $12.12 $513.72 $525.83 $6,756.74
Apr, 2026 48 $11.26 $514.57 $525.83 $6,242.16
May, 2026 49 $10.40 $515.43 $525.83 $5,726.73
Jun, 2026 50 $9.54 $516.29 $525.83 $5,210.45
Jul, 2026 51 $8.68 $517.15 $525.83 $4,693.30
Aug, 2026 52 $7.82 $518.01 $525.83 $4,175.29
Sep, 2026 53 $6.96 $518.87 $525.83 $3,656.41
Oct, 2026 54 $6.09 $519.74 $525.83 $3,136.67
Nov, 2026 55 $5.23 $520.61 $525.83 $2,616.07
Dec, 2026 56 $4.36 $521.47 $525.83 $2,094.60
Jan, 2027 57 $3.49 $522.34 $525.83 $1,572.25
Feb, 2027 58 $2.62 $523.21 $525.83 $1,049.04
Mar, 2027 59 $1.75 $524.08 $525.83 $524.96
Apr, 2027 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 Apr, 2027 Dec, 2026

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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.

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