Down Payment Calculator
Enter the vehicle price, your target monthly payment, APR, and term. We'll tell you how much down payment it takes to get there.
Frequently Asked Questions
How much down is typical?+
For new cars, 10–20% down is common. For used, 10–15%. Putting more down lowers your payment and interest paid — but keep an emergency fund intact.
Why is a bigger down payment better?+
It lowers the amount financed (less interest paid) and reduces the risk of being "upside-down" if the vehicle depreciates faster than expected.
Can I just put down more than this tool suggests?+
Absolutely. This tool solves for the minimum down to hit your target — putting more down is always fine.
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