Car loan calculator

$604.12/month principal and interest

$3,998 total interest

Principal $25,000 Interest $3,998. 14¢ of every dollar paid goes to interest.

$25,000 financed over 48 months at 7.47%.

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

Amortization schedule

Amortization schedule for a $25,000 car loan at 7.47% over 48 months, months 1–12; each payment $604.12
Month	Principal	Interest	Balance
1	$448.50	$155.63	$24,551.50
2	$451.29	$152.83	$24,100.21
3	$454.10	$150.02	$23,646.11
4	$456.93	$147.20	$23,189.19
5	$459.77	$144.35	$22,729.42
6	$462.63	$141.49	$22,266.79
7	$465.51	$138.61	$21,801.27
8	$468.41	$135.71	$21,332.87
9	$471.33	$132.80	$20,861.54
10	$474.26	$129.86	$20,387.28
11	$477.21	$126.91	$19,910.07
12	$480.18	$123.94	$19,429.89

Totals for each loan year
Year	Principal	Interest	Balance at year end
1	$5,570	$1,679	$19,430
2	$6,001	$1,249	$13,429
3	$6,465	$785	$6,964
4	$6,964	$285	$0
Total	$25,000	$3,998	$0

Full schedule, all 48 payments

Amortization schedule for a $25,000 car loan at 7.47% over 48 months, every payment
Month	Principal	Interest	Balance
1	448.50	155.63	24,551.50
2	451.29	152.83	24,100.21
3	454.10	150.02	23,646.11
4	456.93	147.20	23,189.19
5	459.77	144.35	22,729.42
6	462.63	141.49	22,266.79
7	465.51	138.61	21,801.27
8	468.41	135.71	21,332.87
9	471.33	132.80	20,861.54
10	474.26	129.86	20,387.28
11	477.21	126.91	19,910.07
12	480.18	123.94	19,429.89
13	483.17	120.95	18,946.71
14	486.18	117.94	18,460.54
15	489.21	114.92	17,971.33
16	492.25	111.87	17,479.08
17	495.32	108.81	16,983.76
18	498.40	105.72	16,485.36
19	501.50	102.62	15,983.86
20	504.62	99.50	15,479.24
21	507.76	96.36	14,971.48
22	510.93	93.20	14,460.55
23	514.11	90.02	13,946.44
24	517.31	86.82	13,429.14
25	520.53	83.60	12,908.61
26	523.77	80.36	12,384.85
27	527.03	77.10	11,857.82
28	530.31	73.81	11,327.51
29	533.61	70.51	10,793.90
30	536.93	67.19	10,256.97
31	540.27	63.85	9,716.70
32	543.64	60.49	9,173.06
33	547.02	57.10	8,626.04
34	550.43	53.70	8,075.62
35	553.85	50.27	7,521.77
36	557.30	46.82	6,964.47
37	560.77	43.35	6,403.70
38	564.26	39.86	5,839.44
39	567.77	36.35	5,271.67
40	571.31	32.82	4,700.36
41	574.86	29.26	4,125.50
42	578.44	25.68	3,547.05
43	582.04	22.08	2,965.01
44	585.67	18.46	2,379.35
45	589.31	14.81	1,790.04
46	592.98	11.14	1,197.06
47	596.67	7.45	600.39
48	600.39	3.74	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.