Car loan calculator
Rates updated Nov 10, 2026Find your monthly car payment. We start you at 3.84% APR, the lowest 60 month rate we found (PenFed Credit Union). Change any number.
Payments on a $30,000 loan for 60 months
Lowest rate first. Uses each lender's lowest 60 month rate.
| Lender | APR | Monthly | Total interest |
|---|---|---|---|
| PenFed Credit Union New car via Car Buying Service | 3.84% | $550 | $3,020 |
| PenFed Credit Union New car purchase | 4.44% | $558 | $3,508 |
| Navy Federal Credit Union New (purchase and refinance) | 4.59% | $561 | $3,631 |
| PenFed Credit Union Used car via Car Buying Service | 4.99% | $566 | $3,960 |
| PenFed Credit Union Used car purchase | 5.34% | $571 | $4,249 |
| Navy Federal Credit Union Used (purchase and refinance) | 5.59% | $574 | $4,457 |
| Bank of America New car (dealer) | 5.64% | $575 | $4,499 |
| Bank of America Used car (dealer) | 5.84% | $578 | $4,665 |
| U.S. Bank New or used from participating dealers | 6.81% | $591 | $5,481 |
How the math works
Your payment depends on three things: how much you borrow, the APR and how many months you pay.
A longer loan has a smaller payment, but you pay more interest in total. A bigger down payment means you borrow less.
The rates here are the best each lender shows. Your rate depends on your credit, the car and the loan length.