Auto Loan Calculator
Calculate the financing for your desired vehicle. Monthly payment, interest and total costs. Online calculator with current 2026 market rates and clear.
Loan Amount
€25,000.00
Monthly Payment
€574.60
Total Cost
€32,580.83
Interest Cost
€2,580.83
Note: These calculations are for informational purposes only and do not replace professional tax or financial advice. All information without guarantee.
FAQ
Frequently Asked Questions
Is a car loan or dealer financing better?
Compare the effective interest rates carefully. Dealer financing often includes hidden costs or requires waiving cash discounts. A bank car loan may offer better terms and more flexibility.
What term should I choose for a car loan?
The loan term should not exceed the planned period of vehicle ownership. Typical terms are 36-60 months. Shorter terms mean higher payments but less total interest.
Are my entered amounts stored anywhere?
No. All calculations happen exclusively in your browser. Your inputs are never sent to our server or stored. You can safely enter sensitive financial data.
Guide
Quick Answer
The car loan calculator computes the monthly instalment and total cost of vehicle financing. It compares instalment loans, balloon financing and leasing.
What is the Auto Loan Calculator?
The car loan calculator computes the monthly instalment and total cost of vehicle financing. It compares instalment loans, balloon financing and leasing.
How does the Auto Loan Calculator work?
Enter the vehicle price, down payment, term and interest rate. The calculator determines the monthly instalment and total cost. For balloon financing a large final payment is included. Comparison with leasing is available.
Key Data and Facts
A car loan is often cheaper than dealer financing. Typical terms: 24-84 months. Assignment of the vehicle as collateral is common.
Step-by-Step Guide
How to calculate your car financing step by step: 1. Set the vehicle price: a new or used car, including equipment and delivery. 2. Determine the down payment: at least 10-20 % of the vehicle price is recommended. A higher down payment = a lower installment. 3. Choose the type of financing: an installment loan (constant installments), balloon financing (low installments + a high final installment) or three-way financing. 4. Enter the term and the interest rate: car loans are often cheaper than consumer loans (the vehicle serves as collateral). 5. Calculate the monthly installment and the total cost. 6. Compare with leasing: leasing = use only, a loan = ownership after repayment. Example: a used car for 22,000 EUR, down payment 4,000 EUR. Loan amount: 18,000 EUR. Term 48 months, 4.9 % effective annual interest rate. Monthly installment: 18,000 x (1.004083^48 x 0.004083) / (1.004083^48 - 1) = 414.22 EUR. Total payment: 414.22 x 48 = 19,882.56 EUR. Total interest: 1,882.56 EUR. The vehicle belongs to you after repayment.
Calculation Example
Used car EUR 22,000, down payment EUR 4,000. Loan EUR 18,000, 48 months, 4.9% effective rate. Monthly payment: EUR 414.22. Total interest: EUR 1,882.56.
Sources · E-E-A-T
Official sources
Calculations are based on applicable German laws and official data:
- Deutsche Bundesbank
- Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)
- Statistisches Bundesamt (Destatis)
Full methodology at Methodology.
Finance
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