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

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.

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