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$30k Car Loan Calculator

Estimate monthly cost for a $30,000 vehicle. Compare 60 vs 72 month financing.

Vehicle Details

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%
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Est. $300-$600

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Trade-In (Optional)

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Enter 0 if paid off

Most states allow this. Uncheck if your state doesn't.

Financing

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Estimated Monthly Payment

$581

for 60 months

Vehicle Price$30,000
Sales Tax$1,950
Title & Fees$450
Total Financed$29,400
Total Interest$5,446
Total Cost$37,846

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Analysis: Buying a $30,000 Car

The average used car price in the US hovers around $30k. A 72-month loan lowers the payment but costs you $1,500+ more in interest.

Frequently Asked Questions

What is the monthly payment for a $30,000 car loan?

At a 6.9% interest rate over 60 months, the payment is approximately $592. This includes interest but excludes insurance and maintenance.

How much interest will I pay on a $30,000 loan?

Over 60 months at 6.9%, you will pay roughly $4500 in total interest. Shortening the term to 48 months could save you significantly.

Does this include sales tax?

Yes, our calculator includes an estimated Sales Tax field (default 6.5%) and Title Fees to give you a realistic 'Out the Door' payment.