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Use our financing payment calculator to estimate your monthly payment for a new or used vehicle you buy at a dealership. Calculate monthly auto payments. Enter. How financing works at CarMax. Get pre-approved to get an idea of what you can spend. If you find other financing after you buy, use our 3‑day payoff. Divide your interest rate by the number of monthly payments per year. · Multiply the monthly payment by the balance of your loan. · The amount you calculate is.

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Use Bank of America's auto loan calculator to determine your estimated monthly payments and your approximate rate for a new or used car loan. You can calculate your interest costs using the formula I = P x R x T, where: "I" is the interest cost; "P" is principal, or the original amount borrowed; "R". Use our financing payment calculator to estimate your monthly payment for a new or used vehicle you buy at a dealership. Calculate monthly auto payments. Enter.