Payment calculator

The monthly payment is not the deal.

A low payment can hide a long loan, a high price, or a buried trade-in. See the out-the-door cost and total interest before you sign.

01 · Location

Estimate the tax

Country

State

Estimated tax rate

Uses Alabama's statewide baseline. City and county taxes are not included.

Trade-in reduces taxable amountMost states tax only the price after the trade-in allowance — a few (e.g. CA, MD, VA) tax the full price.Rebate reduces taxable amountMost jurisdictions tax the full price before a manufacturer rebate is applied.

02 · Deal

Build the out-the-door price

Negotiated vehicle price

Fees

Add-ons

Cash rebate

Trade-in value

Trade-in loan payoff

Down payment

03 · Financing

Set the loan

APR

Loan term

months

Before you negotiate

Negotiate the price first. Structure the payment second.

A lower monthly payment can simply mean a longer loan, more interest, or a larger upfront payment. Compare the out-the-door price and total cost before choosing a term.

Compare with real FairDrives prices →