Auto loan example · Educational math
What is the monthly payment on a $30,000 car at 7% for 60 months with 10% down?
Stated sample rates—not dealer quotes.
Calculator · How we calculate · Questions
Direct answer
Direct answer (stated sample only): a $30,000.00 vehicle (down payment $3,000.00) at 7% APR for 60 months finances about $27,000.00 and pays about $534.63 per month under Nestfigure’s model (interest about $5,077.94; total of payments about $32,077.94; payoff 5 years (60 months)). Not a dealer quote.
Compare sample terms
Same vehicle ($30,000.00), APR (7%), and cash/trade-in assumptions; different lengths.
| Term | Payment | Interest | Total paid |
|---|---|---|---|
| 36 mo | $833.68 | $3,012.54 | $30,012.54 |
| 48 mo | $646.55 | $4,034.33 | $31,034.33 |
| 60 mo | $534.63 | $5,077.94 | $32,077.94 |
| 72 mo | $460.32 | $6,143.27 | $33,143.27 |
Educational auto payment estimate only. Not a dealer quote, credit offer, insurance, or gap coverage model. Assumes fixed APR and equal monthly payments.
Balance over time
Selected monthsCompare loan terms
Same financed amount and APR| Term | Payment | Interest | Total paid |
|---|
Amortization schedule
First months shown| Month | Payment | Interest | Principal | Balance |
|---|
Related
- $30k · 10% down · 60 mo
- $25k · trade-in · 48 mo
- $40k · tax · 72 mo
- All auto loan questions
- General loan calculator
Common questions
What is the monthly payment on a $30,000 car with 10% down at 7% APR for 60 months?
Direct answer (stated sample only): a $30,000.00 vehicle (down payment $3,000.00) at 7% APR for 60 months finances about $27,000.00 and pays about $534.63 per month under Nestfigure’s model (interest about $5,077.94; total of payments about $32,077.94; payoff 5 years (60 months)). Not a dealer quote.
Is this APR a real dealer rate?
No. Sample rates are illustrative inputs for transparent math.
How do I change the numbers?
Open the prefilled auto loan calculator and edit price, down payment, term, APR, or other fields.
Educational only. Last reviewed: August 9, 2026.