Car loan calculator
$808.40/month principal and interest
$3,103 total interest
Principal $26,000 Interest $3,103. 11¢ of every dollar paid goes to interest.
$26,000 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 | $646.55 | $161.85 | $25,353.45 |
| 2 | $650.58 | $157.83 | $24,702.87 |
| 3 | $654.63 | $153.78 | $24,048.24 |
| 4 | $658.70 | $149.70 | $23,389.54 |
| 5 | $662.80 | $145.60 | $22,726.73 |
| 6 | $666.93 | $141.47 | $22,059.80 |
| 7 | $671.08 | $137.32 | $21,388.72 |
| 8 | $675.26 | $133.14 | $20,713.46 |
| 9 | $679.46 | $128.94 | $20,034.00 |
| 10 | $683.69 | $124.71 | $19,350.31 |
| 11 | $687.95 | $120.46 | $18,662.36 |
| 12 | $692.23 | $116.17 | $17,970.13 |
Year by year
| Year | Principal | Interest | Balance at year end |
|---|---|---|---|
| 1 | $8,030 | $1,671 | $17,970 |
| 2 | $8,651 | $1,050 | $9,319 |
| 3 | $9,319 | $381 | $0 |
| Total | $26,000 | $3,103 | $0 |
Full schedule, all 36 payments
| Month | Principal | Interest | Balance |
|---|---|---|---|
| 1 | 646.55 | 161.85 | 25,353.45 |
| 2 | 650.58 | 157.83 | 24,702.87 |
| 3 | 654.63 | 153.78 | 24,048.24 |
| 4 | 658.70 | 149.70 | 23,389.54 |
| 5 | 662.80 | 145.60 | 22,726.73 |
| 6 | 666.93 | 141.47 | 22,059.80 |
| 7 | 671.08 | 137.32 | 21,388.72 |
| 8 | 675.26 | 133.14 | 20,713.46 |
| 9 | 679.46 | 128.94 | 20,034.00 |
| 10 | 683.69 | 124.71 | 19,350.31 |
| 11 | 687.95 | 120.46 | 18,662.36 |
| 12 | 692.23 | 116.17 | 17,970.13 |
| 13 | 696.54 | 111.86 | 17,273.59 |
| 14 | 700.88 | 107.53 | 16,572.72 |
| 15 | 705.24 | 103.17 | 15,867.48 |
| 16 | 709.63 | 98.78 | 15,157.85 |
| 17 | 714.05 | 94.36 | 14,443.80 |
| 18 | 718.49 | 89.91 | 13,725.31 |
| 19 | 722.96 | 85.44 | 13,002.35 |
| 20 | 727.46 | 80.94 | 12,274.89 |
| 21 | 731.99 | 76.41 | 11,542.89 |
| 22 | 736.55 | 71.85 | 10,806.34 |
| 23 | 741.13 | 67.27 | 10,065.21 |
| 24 | 745.75 | 62.66 | 9,319.46 |
| 25 | 750.39 | 58.01 | 8,569.07 |
| 26 | 755.06 | 53.34 | 7,814.01 |
| 27 | 759.76 | 48.64 | 7,054.25 |
| 28 | 764.49 | 43.91 | 6,289.76 |
| 29 | 769.25 | 39.15 | 5,520.51 |
| 30 | 774.04 | 34.37 | 4,746.47 |
| 31 | 778.86 | 29.55 | 3,967.62 |
| 32 | 783.71 | 24.70 | 3,183.91 |
| 33 | 788.58 | 19.82 | 2,395.33 |
| 34 | 793.49 | 14.91 | 1,601.83 |
| 35 | 798.43 | 9.97 | 803.40 |
| 36 | 803.40 | 5.00 | 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.