Car loan payment calculator
Total cost incl. down payment: –. *Payment plus AAA-average insurance ($175/mo) at 10% of gross income. Taxes and fees not included.
Monthly car payment by loan amount (2026 average rates)
Pick a loan amount for the full guide: 36–84 month payments, interest, credit-tier rates, the 20/4/10 rule, depreciation and real ownership costs.
| Loan | 48 mo · 6.35% | 60 mo · 6.35% | 72 mo · 6.35% | 60 mo used · 11.19% |
|---|---|---|---|---|
| $10,000 | $236 | $195 | $167 | $218 |
| $15,000 | $355 | $292 | $251 | $328 |
| $20,000 | $473 | $390 | $335 | $437 |
| $25,000 | $591 | $487 | $418 | $546 |
| $30,000 | $709 | $585 | $502 | $655 |
| $35,000 | $828 | $682 | $586 | $764 |
| $40,000 | $946 | $780 | $670 | $873 |
| $45,000 | $1,064 | $877 | $753 | $983 |
| $50,000 | $1,182 | $975 | $837 | $1,092 |
| $55,000 | $1,301 | $1,072 | $921 | $1,201 |
| $60,000 | $1,419 | $1,170 | $1,004 | $1,310 |
| $65,000 | $1,537 | $1,267 | $1,088 | $1,419 |
| $70,000 | $1,655 | $1,365 | $1,172 | $1,529 |
| $75,000 | $1,773 | $1,462 | $1,255 | $1,638 |
| $80,000 | $1,892 | $1,560 | $1,339 | $1,747 |
Car loan rates and costs right now
According to Experian's State of the Automotive Finance Market for Q2 2026, the average new-car loan was $43,610 over about 69.5 months with a $765 payment; the average used-car loan was $27,852 over 67.9 months with a $542 payment. AAA's 2026 Your Driving Costs study adds that owning and running an average new vehicle costs $12,863 a year once depreciation, insurance, fuel and maintenance are counted.
Will the payment fit your paycheck?See your take-home pay after federal, state and FICA taxes.
Frequently asked questions
What is the average car loan interest rate in 2026?
Experian's Q2 2026 data puts the average APR at 6.35% for new-vehicle loans and 11.19% for used-vehicle loans. Superprime borrowers averaged 4.41% (new), deep subprime 16.11%.
What is the average car payment?
About $765 a month for new vehicles and $542 for used vehicles in Q2 2026 (Experian), on average loans of $43,610 and $27,852.
How much car can I afford?
A common guideline is 20/4/10: 20% down, a loan of no more than four years, and payment plus insurance under 10% of gross income. On $75,000 a year that is roughly a $19,000 loan at 6.35% APR over 48 months.
How much does it cost to own a car per month?
AAA's 2026 Your Driving Costs study puts the average at $12,863 a year (about $1,072 a month) for a new vehicle driven 15,000 miles a year, including depreciation, insurance, fuel, maintenance, finance charges and fees.
Sources
- Experian, State of the Automotive Finance Market Q2 2026 (via Experian, updated Sep 10, 2026).
- AAA, Your Driving Costs 2026 (Sep 15, 2026).