How much will my monthly car payment be?

Your monthly car payment is ultimately calculated based on your loan amount (which you can lower through cash rebates, trade-ins, and a higher down payment), interest rate, and loan term. A longer loan term usually means lower monthly payments, but interest rates are typically higher for long-term loans, which could cancel out any potential monthly savings.

Car payment calculator

Use our monthly car payment calculator to estimate your payments, as well as the interest you'll pay over the length of your loan.

This calculator is for illustrative and educational purposes only. Its accuracy and applicability to your circumstances is not guaranteed. You may wish to consult your own adviser regarding your particular circumstances.

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Current Progressive customers

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New Progressive customers

Quote auto insurance online or call 1-866-749-7436 to insure your new car.