Calculate a car down payment amount, down payment percentage, amount financed, monthly payment, total interest, and savings from a larger down payment. Use this down payment calculator to estimate how much money to put down on a vehicle.
Down payment amount:
Enter a vehicle price and down payment percentage to calculate the cash amount needed upfront.
Down payment percent:
Enter a down payment amount and vehicle price to calculate the down payment percentage.
Payment from down payment:
The calculator estimates the amount financed, monthly payment, total loan payments, and total interest.
Savings from larger down payment:
Compare your current down payment with a larger down payment to estimate payment savings and interest savings.
A down payment calculator helps estimate how much money to put down on a car and how that down payment affects financing.
It can help compare monthly payments, loan amounts, interest costs, trade-in value, taxes, fees, and total vehicle cost before buying.
Your result shows down payment amount, down payment percentage, net trade-in value, sales tax, fees, amount financed, monthly payment, total loan payments, total interest, and savings from a larger down payment. These are estimates based on the values you enter.
Multiply the vehicle price by the down payment percentage. For example, a 20% down payment on a $35,000 car is $7,000.
Yes. A larger down payment reduces the amount financed, which usually lowers the monthly payment and total interest.
Positive trade-in equity can reduce the amount financed, similar to a down payment. If you owe more than the trade-in is worth, negative equity can increase the amount financed.
Vehicle price, sales tax, fees, down payment, trade-in value, and any amount owed on a trade-in can all affect the amount financed.