Auto Loan Calculator with Sales Tax

Auto Loan Calculator with Sales Tax | SmartCarFinanceTool

Auto Loan Calculator with Sales Tax

An auto loan calculator with sales tax helps car buyers estimate monthly payments including state sales tax.

Monthly Payment Total Interest Total Cost
$0.00 $0.00 $0.00

Calculation Formula

The auto loan formula with sales tax is: Monthly Payment = (P × r(1+r)^n) / ((1+r)^n - 1) Where P = (Loan Amount + (Loan Amount × Sales Tax)) - Down Payment r = Monthly Interest Rate (Annual Rate / 12 / 100) n = Number of Monthly Payments