Car loan calculator
$466.39/month principal and interest
$1,790 total interest
Principal $15,000 Interest $1,790. 11¢ of every dollar paid goes to interest.
$15,000 financed over 36 months at 7.47%.
Sales tax not included; choose a state to add it.
Source: Federal Reserve G.19, May 2026 survey. An average, not an offer.
Amortization schedule
First 12 months
| Month | Principal | Interest | Balance |
|---|---|---|---|
| 1 | $373.01 | $93.38 | $14,626.99 |
| 2 | $375.33 | $91.05 | $14,251.65 |
| 3 | $377.67 | $88.72 | $13,873.98 |
| 4 | $380.02 | $86.37 | $13,493.96 |
| 5 | $382.39 | $84.00 | $13,111.58 |
| 6 | $384.77 | $81.62 | $12,726.81 |
| 7 | $387.16 | $79.22 | $12,339.65 |
| 8 | $389.57 | $76.81 | $11,950.08 |
| 9 | $392.00 | $74.39 | $11,558.08 |
| 10 | $394.44 | $71.95 | $11,163.64 |
| 11 | $396.89 | $69.49 | $10,766.75 |
| 12 | $399.36 | $67.02 | $10,367.38 |
Year by year
| Year | Principal | Interest | Balance at year end |
|---|---|---|---|
| 1 | $4,633 | $964 | $10,367 |
| 2 | $4,991 | $606 | $5,377 |
| 3 | $5,377 | $220 | $0 |
| Total | $15,000 | $1,790 | $0 |
Full schedule, all 36 payments
| Month | Principal | Interest | Balance |
|---|---|---|---|
| 1 | 373.01 | 93.38 | 14,626.99 |
| 2 | 375.33 | 91.05 | 14,251.65 |
| 3 | 377.67 | 88.72 | 13,873.98 |
| 4 | 380.02 | 86.37 | 13,493.96 |
| 5 | 382.39 | 84.00 | 13,111.58 |
| 6 | 384.77 | 81.62 | 12,726.81 |
| 7 | 387.16 | 79.22 | 12,339.65 |
| 8 | 389.57 | 76.81 | 11,950.08 |
| 9 | 392.00 | 74.39 | 11,558.08 |
| 10 | 394.44 | 71.95 | 11,163.64 |
| 11 | 396.89 | 69.49 | 10,766.75 |
| 12 | 399.36 | 67.02 | 10,367.38 |
| 13 | 401.85 | 64.54 | 9,965.53 |
| 14 | 404.35 | 62.04 | 9,561.18 |
| 15 | 406.87 | 59.52 | 9,154.31 |
| 16 | 409.40 | 56.99 | 8,744.91 |
| 17 | 411.95 | 54.44 | 8,332.96 |
| 18 | 414.51 | 51.87 | 7,918.45 |
| 19 | 417.09 | 49.29 | 7,501.36 |
| 20 | 419.69 | 46.70 | 7,081.67 |
| 21 | 422.30 | 44.08 | 6,659.36 |
| 22 | 424.93 | 41.45 | 6,234.43 |
| 23 | 427.58 | 38.81 | 5,806.85 |
| 24 | 430.24 | 36.15 | 5,376.61 |
| 25 | 432.92 | 33.47 | 4,943.70 |
| 26 | 435.61 | 30.77 | 4,508.08 |
| 27 | 438.32 | 28.06 | 4,069.76 |
| 28 | 441.05 | 25.33 | 3,628.71 |
| 29 | 443.80 | 22.59 | 3,184.91 |
| 30 | 446.56 | 19.83 | 2,738.35 |
| 31 | 449.34 | 17.05 | 2,289.01 |
| 32 | 452.14 | 14.25 | 1,836.87 |
| 33 | 454.95 | 11.43 | 1,381.92 |
| 34 | 457.78 | 8.60 | 924.14 |
| 35 | 460.63 | 5.75 | 463.50 |
| 36 | 463.50 | 2.89 | 0.00 |
Sources
- New-car loan, 48 months average: 7.47%. Federal Reserve G.19 Consumer Credit, terms of credit at commercial banks, series TERMCBAUTO48NS, as of May 1, 2026; retrieved September 26, 2026.
- State vehicle sales tax and trade-in rules. State revenue departments and DMVs; state rate only, local taxes excluded.
Numbers on this page last changed September 26, 2026. How they are calculated: methodology.