Car loan calculator
$445.02/month principal and interest
$6,042 total interest
Principal $26,000 Interest $6,042. 19¢ of every dollar paid goes to interest.
$26,000 financed over 72 months at 7.14%.
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 | $290.32 | $154.70 | $25,709.68 |
| 2 | $292.05 | $152.97 | $25,417.62 |
| 3 | $293.79 | $151.23 | $25,123.84 |
| 4 | $295.54 | $149.49 | $24,828.30 |
| 5 | $297.30 | $147.73 | $24,531.00 |
| 6 | $299.06 | $145.96 | $24,231.94 |
| 7 | $300.84 | $144.18 | $23,931.09 |
| 8 | $302.63 | $142.39 | $23,628.46 |
| 9 | $304.43 | $140.59 | $23,324.02 |
| 10 | $306.25 | $138.78 | $23,017.78 |
| 11 | $308.07 | $136.96 | $22,709.71 |
| 12 | $309.90 | $135.12 | $22,399.81 |
Year by year
| Year | Principal | Interest | Balance at year end |
|---|---|---|---|
| 1 | $3,600 | $1,740 | $22,400 |
| 2 | $3,866 | $1,474 | $18,534 |
| 3 | $4,151 | $1,189 | $14,383 |
| 4 | $4,457 | $883 | $9,926 |
| 5 | $4,786 | $554 | $5,139 |
| 6 | $5,139 | $201 | $0 |
| Total | $26,000 | $6,042 | $0 |
Full schedule, all 72 payments
| Month | Principal | Interest | Balance |
|---|---|---|---|
| 1 | 290.32 | 154.70 | 25,709.68 |
| 2 | 292.05 | 152.97 | 25,417.62 |
| 3 | 293.79 | 151.23 | 25,123.84 |
| 4 | 295.54 | 149.49 | 24,828.30 |
| 5 | 297.30 | 147.73 | 24,531.00 |
| 6 | 299.06 | 145.96 | 24,231.94 |
| 7 | 300.84 | 144.18 | 23,931.09 |
| 8 | 302.63 | 142.39 | 23,628.46 |
| 9 | 304.43 | 140.59 | 23,324.02 |
| 10 | 306.25 | 138.78 | 23,017.78 |
| 11 | 308.07 | 136.96 | 22,709.71 |
| 12 | 309.90 | 135.12 | 22,399.81 |
| 13 | 311.75 | 133.28 | 22,088.06 |
| 14 | 313.60 | 131.42 | 21,774.46 |
| 15 | 315.47 | 129.56 | 21,459.00 |
| 16 | 317.34 | 127.68 | 21,141.65 |
| 17 | 319.23 | 125.79 | 20,822.42 |
| 18 | 321.13 | 123.89 | 20,501.29 |
| 19 | 323.04 | 121.98 | 20,178.25 |
| 20 | 324.96 | 120.06 | 19,853.29 |
| 21 | 326.90 | 118.13 | 19,526.39 |
| 22 | 328.84 | 116.18 | 19,197.55 |
| 23 | 330.80 | 114.23 | 18,866.75 |
| 24 | 332.77 | 112.26 | 18,533.98 |
| 25 | 334.75 | 110.28 | 18,199.24 |
| 26 | 336.74 | 108.29 | 17,862.50 |
| 27 | 338.74 | 106.28 | 17,523.75 |
| 28 | 340.76 | 104.27 | 17,183.00 |
| 29 | 342.79 | 102.24 | 16,840.21 |
| 30 | 344.82 | 100.20 | 16,495.39 |
| 31 | 346.88 | 98.15 | 16,148.51 |
| 32 | 348.94 | 96.08 | 15,799.57 |
| 33 | 351.02 | 94.01 | 15,448.55 |
| 34 | 353.11 | 91.92 | 15,095.45 |
| 35 | 355.21 | 89.82 | 14,740.24 |
| 36 | 357.32 | 87.70 | 14,382.92 |
| 37 | 359.45 | 85.58 | 14,023.48 |
| 38 | 361.58 | 83.44 | 13,661.89 |
| 39 | 363.74 | 81.29 | 13,298.16 |
| 40 | 365.90 | 79.12 | 12,932.26 |
| 41 | 368.08 | 76.95 | 12,564.18 |
| 42 | 370.27 | 74.76 | 12,193.91 |
| 43 | 372.47 | 72.55 | 11,821.44 |
| 44 | 374.69 | 70.34 | 11,446.75 |
| 45 | 376.92 | 68.11 | 11,069.84 |
| 46 | 379.16 | 65.87 | 10,690.68 |
| 47 | 381.41 | 63.61 | 10,309.27 |
| 48 | 383.68 | 61.34 | 9,925.58 |
| 49 | 385.97 | 59.06 | 9,539.61 |
| 50 | 388.26 | 56.76 | 9,151.35 |
| 51 | 390.57 | 54.45 | 8,760.78 |
| 52 | 392.90 | 52.13 | 8,367.88 |
| 53 | 395.24 | 49.79 | 7,972.65 |
| 54 | 397.59 | 47.44 | 7,575.06 |
| 55 | 399.95 | 45.07 | 7,175.11 |
| 56 | 402.33 | 42.69 | 6,772.77 |
| 57 | 404.73 | 40.30 | 6,368.05 |
| 58 | 407.13 | 37.89 | 5,960.91 |
| 59 | 409.56 | 35.47 | 5,551.36 |
| 60 | 411.99 | 33.03 | 5,139.36 |
| 61 | 414.44 | 30.58 | 4,724.92 |
| 62 | 416.91 | 28.11 | 4,308.01 |
| 63 | 419.39 | 25.63 | 3,888.62 |
| 64 | 421.89 | 23.14 | 3,466.73 |
| 65 | 424.40 | 20.63 | 3,042.33 |
| 66 | 426.92 | 18.10 | 2,615.41 |
| 67 | 429.46 | 15.56 | 2,185.95 |
| 68 | 432.02 | 13.01 | 1,753.93 |
| 69 | 434.59 | 10.44 | 1,319.34 |
| 70 | 437.17 | 7.85 | 882.17 |
| 71 | 439.78 | 5.25 | 442.39 |
| 72 | 442.39 | 2.63 | 0.00 |
Sources
- New-car loan, 60 months average: 7.14%. Federal Reserve G.19 Consumer Credit, terms of credit at commercial banks, series RIFLPBCIANM60NM, 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.