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: Nov, 2024
Payoff Date: Oct, 2029
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
Nov, 2024 1 $50.00 $475.83 $525.83 $29,524.17
Dec, 2024 2 $49.21 $476.63 $525.83 $29,047.54
Jan, 2025 3 $48.41 $477.42 $525.83 $28,570.12
Feb, 2025 4 $47.62 $478.22 $525.83 $28,091.91
Mar, 2025 5 $46.82 $479.01 $525.83 $27,612.89
Apr, 2025 6 $46.02 $479.81 $525.83 $27,133.08
May, 2025 7 $45.22 $480.61 $525.83 $26,652.47
Jun, 2025 8 $44.42 $481.41 $525.83 $26,171.06
Jul, 2025 9 $43.62 $482.21 $525.83 $25,688.84
Aug, 2025 10 $42.81 $483.02 $525.83 $25,205.83
Sep, 2025 11 $42.01 $483.82 $525.83 $24,722.00
Oct, 2025 12 $41.20 $484.63 $525.83 $24,237.37
Nov, 2025 13 $40.40 $485.44 $525.83 $23,751.94
Dec, 2025 14 $39.59 $486.25 $525.83 $23,265.69
Jan, 2026 15 $38.78 $487.06 $525.83 $22,778.63
Feb, 2026 16 $37.96 $487.87 $525.83 $22,290.76
Mar, 2026 17 $37.15 $488.68 $525.83 $21,802.08
Apr, 2026 18 $36.34 $489.50 $525.83 $21,312.59
May, 2026 19 $35.52 $490.31 $525.83 $20,822.28
Jun, 2026 20 $34.70 $491.13 $525.83 $20,331.15
Jul, 2026 21 $33.89 $491.95 $525.83 $19,839.20
Aug, 2026 22 $33.07 $492.77 $525.83 $19,346.43
Sep, 2026 23 $32.24 $493.59 $525.83 $18,852.84
Oct, 2026 24 $31.42 $494.41 $525.83 $18,358.43
Nov, 2026 25 $30.60 $495.24 $525.83 $17,863.20
Dec, 2026 26 $29.77 $496.06 $525.83 $17,367.13
Jan, 2027 27 $28.95 $496.89 $525.83 $16,870.25
Feb, 2027 28 $28.12 $497.72 $525.83 $16,372.53
Mar, 2027 29 $27.29 $498.55 $525.83 $15,873.99
Apr, 2027 30 $26.46 $499.38 $525.83 $15,374.61
May, 2027 31 $25.62 $500.21 $525.83 $14,874.40
Jun, 2027 32 $24.79 $501.04 $525.83 $14,373.36
Jul, 2027 33 $23.96 $501.88 $525.83 $13,871.48
Aug, 2027 34 $23.12 $502.71 $525.83 $13,368.77
Sep, 2027 35 $22.28 $503.55 $525.83 $12,865.22
Oct, 2027 36 $21.44 $504.39 $525.83 $12,360.83
Nov, 2027 37 $20.60 $505.23 $525.83 $11,855.59
Dec, 2027 38 $19.76 $506.07 $525.83 $11,349.52
Jan, 2028 39 $18.92 $506.92 $525.83 $10,842.60
Feb, 2028 40 $18.07 $507.76 $525.83 $10,334.84
Mar, 2028 41 $17.22 $508.61 $525.83 $9,826.23
Apr, 2028 42 $16.38 $509.46 $525.83 $9,316.78
May, 2028 43 $15.53 $510.30 $525.83 $8,806.47
Jun, 2028 44 $14.68 $511.16 $525.83 $8,295.32
Jul, 2028 45 $13.83 $512.01 $525.83 $7,783.31
Aug, 2028 46 $12.97 $512.86 $525.83 $7,270.45
Sep, 2028 47 $12.12 $513.72 $525.83 $6,756.74
Oct, 2028 48 $11.26 $514.57 $525.83 $6,242.16
Nov, 2028 49 $10.40 $515.43 $525.83 $5,726.73
Dec, 2028 50 $9.54 $516.29 $525.83 $5,210.45
Jan, 2029 51 $8.68 $517.15 $525.83 $4,693.30
Feb, 2029 52 $7.82 $518.01 $525.83 $4,175.29
Mar, 2029 53 $6.96 $518.87 $525.83 $3,656.41
Apr, 2029 54 $6.09 $519.74 $525.83 $3,136.67
May, 2029 55 $5.23 $520.61 $525.83 $2,616.07
Jun, 2029 56 $4.36 $521.47 $525.83 $2,094.60
Jul, 2029 57 $3.49 $522.34 $525.83 $1,572.25
Aug, 2029 58 $2.62 $523.21 $525.83 $1,049.04
Sep, 2029 59 $1.75 $524.08 $525.83 $524.96
Oct, 2029 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 Oct, 2029 Jun, 2029

Share My Loan Calculation







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
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monthly payment on $10,000 car loan over 5 years
monthly payment on $10,000 car loan over 6 years
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