Car loan calculator

$652.94/month principal and interest

$2,506 total interest

Principal $21,000 Interest $2,506. 11¢ of every dollar paid goes to interest.

$21,000 financed over 36 months at 7.47%.

Sales tax not included; choose a state to add it.

Amortization schedule

Amortization schedule for a $21,000 car loan at 7.47% over 36 months, months 1–12; each payment $652.94
Month	Principal	Interest	Balance
1	$522.22	$130.73	$20,477.78
2	$525.47	$127.47	$19,952.32
3	$528.74	$124.20	$19,423.58
4	$532.03	$120.91	$18,891.55
5	$535.34	$117.60	$18,356.21
6	$538.67	$114.27	$17,817.53
7	$542.03	$110.91	$17,275.51
8	$545.40	$107.54	$16,730.11
9	$548.80	$104.14	$16,181.31
10	$552.21	$100.73	$15,629.10
11	$555.65	$97.29	$15,073.45
12	$559.11	$93.83	$14,514.34

Totals for each loan year
Year	Principal	Interest	Balance at year end
1	$6,486	$1,350	$14,514
2	$6,987	$848	$7,527
3	$7,527	$308	$0
Total	$21,000	$2,506	$0

Full schedule, all 36 payments

Amortization schedule for a $21,000 car loan at 7.47% over 36 months, every payment
Month	Principal	Interest	Balance
1	522.22	130.73	20,477.78
2	525.47	127.47	19,952.32
3	528.74	124.20	19,423.58
4	532.03	120.91	18,891.55
5	535.34	117.60	18,356.21
6	538.67	114.27	17,817.53
7	542.03	110.91	17,275.51
8	545.40	107.54	16,730.11
9	548.80	104.14	16,181.31
10	552.21	100.73	15,629.10
11	555.65	97.29	15,073.45
12	559.11	93.83	14,514.34
13	562.59	90.35	13,951.75
14	566.09	86.85	13,385.66
15	569.62	83.33	12,816.04
16	573.16	79.78	12,242.88
17	576.73	76.21	11,666.15
18	580.32	72.62	11,085.83
19	583.93	69.01	10,501.90
20	587.57	65.37	9,914.33
21	591.22	61.72	9,323.11
22	594.90	58.04	8,728.20
23	598.61	54.33	8,129.59
24	602.33	50.61	7,527.26
25	606.08	46.86	6,921.17
26	609.86	43.08	6,311.32
27	613.65	39.29	5,697.66
28	617.47	35.47	5,080.19
29	621.32	31.62	4,458.87
30	625.18	27.76	3,833.69
31	629.08	23.86	3,204.61
32	632.99	19.95	2,571.62
33	636.93	16.01	1,934.69
34	640.90	12.04	1,293.79
35	644.89	8.05	648.90
36	648.90	4.04	0.00

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.