Car Loan Calculator

Alabama Auto Loan Calculator

Your monthly payment and total cost for a car bought in Alabama, with the 2% state tax and Alabama's trade-in rules already filled in.

What do you know?
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The negotiated price of the vehicle before rebates, taxes and fees.

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Get pre-approved by a bank or credit union to know your real rate before visiting the dealer.

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Manufacturer or dealer cash back. Some states tax the price before the rebate; pick your state to apply its rule.

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What the dealer will give you for your current car.

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Your current loan balance. If it is more than the trade-in value, the difference gets added to the new loan.

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Picking a state fills in the state rate. Add your county or city rate on top for a closer estimate.

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Doc fee, title, registration, plates and destination charge. Ask the dealer for an out-the-door price to see them all.

Monthly payment

$630.03

for 60 months at 6.5% APR

Vehicle price
$35,000
Amount financed
$32,200
Sales tax
$700
Due at signing
$5,000
Total of payments
$37,802
Total interest
$5,602
Total cost of the car
$42,802
Car (after rebates): $35,000Interest: $5,602Tax & fees: $2,200
  • Car (after rebates)$35,00082%
  • Interest$5,60213%
  • Tax & fees$2,2005%

Compare loan terms

Same car, same rate. Longer loans lower the payment but raise the total you pay.

TermMonthlyInterestTotal cost
36 mo (3 yr) $986.90 $3,328 $40,528
48 mo (4 yr) $763.62 $4,454 $41,654
60 mo (5 yr) $630.03 $5,602 $42,802
72 mo (6 yr) $541.28 $6,772 $43,972
84 mo (7 yr) $478.15 $7,965 $45,165

Payment schedule

YearPaymentPrincipalInterestBalance
1$7,560.36$5,633.22$1,927.14$26,566.78
2$7,560.36$6,010.49$1,549.87$20,556.30
3$7,560.36$6,413.02$1,147.34$14,143.28
4$7,560.36$6,842.51$717.85$7,300.77
5$7,560.36$7,300.77$259.59$0.00
Show all 60 monthly payments
MonthPaymentPrincipalInterestBalance
1$630.03$455.61$174.42$31,744.39
2$630.03$458.08$171.95$31,286.31
3$630.03$460.56$169.47$30,825.74
4$630.03$463.06$166.97$30,362.69
5$630.03$465.57$164.46$29,897.12
6$630.03$468.09$161.94$29,429.03
7$630.03$470.62$159.41$28,958.41
8$630.03$473.17$156.86$28,485.24
9$630.03$475.73$154.30$28,009.50
10$630.03$478.31$151.72$27,531.19
11$630.03$480.90$149.13$27,050.29
12$630.03$483.51$146.52$26,566.78
13$630.03$486.13$143.90$26,080.65
14$630.03$488.76$141.27$25,591.90
15$630.03$491.41$138.62$25,100.49
16$630.03$494.07$135.96$24,606.42
17$630.03$496.75$133.28$24,109.67
18$630.03$499.44$130.59$23,610.24
19$630.03$502.14$127.89$23,108.10
20$630.03$504.86$125.17$22,603.24
21$630.03$507.60$122.43$22,095.64
22$630.03$510.35$119.68$21,585.29
23$630.03$513.11$116.92$21,072.18
24$630.03$515.89$114.14$20,556.30
25$630.03$518.68$111.35$20,037.61
26$630.03$521.49$108.54$19,516.12
27$630.03$524.32$105.71$18,991.80
28$630.03$527.16$102.87$18,464.64
29$630.03$530.01$100.02$17,934.63
30$630.03$532.88$97.15$17,401.75
31$630.03$535.77$94.26$16,865.98
32$630.03$538.67$91.36$16,327.30
33$630.03$541.59$88.44$15,785.71
34$630.03$544.52$85.51$15,241.19
35$630.03$547.47$82.56$14,693.72
36$630.03$550.44$79.59$14,143.28
37$630.03$553.42$76.61$13,589.86
38$630.03$556.42$73.61$13,033.44
39$630.03$559.43$70.60$12,474.01
40$630.03$562.46$67.57$11,911.54
41$630.03$565.51$64.52$11,346.03
42$630.03$568.57$61.46$10,777.46
43$630.03$571.65$58.38$10,205.81
44$630.03$574.75$55.28$9,631.06
45$630.03$577.86$52.17$9,053.20
46$630.03$580.99$49.04$8,472.21
47$630.03$584.14$45.89$7,888.07
48$630.03$587.30$42.73$7,300.77
49$630.03$590.48$39.55$6,710.28
50$630.03$593.68$36.35$6,116.60
51$630.03$596.90$33.13$5,519.70
52$630.03$600.13$29.90$4,919.57
53$630.03$603.38$26.65$4,316.19
54$630.03$606.65$23.38$3,709.54
55$630.03$609.94$20.09$3,099.60
56$630.03$613.24$16.79$2,486.36
57$630.03$616.56$13.47$1,869.80
58$630.03$619.90$10.13$1,249.90
59$630.03$623.26$6.77$626.64
60$630.03$626.64$3.39$0.00

How Alabama taxes car purchases

State vehicle tax rate
2%
Trade-in lowers the tax
Yes
Tax cap
None
Source
Official source, checked 2026-10-05

These are the rules for a new car bought from a dealer. Used-car and private-sale rules can differ. How we check this data.

Alabama charges 2% at the state level. Reduced state rate for vehicles; county and city taxes add more. That rate is higher than 4 states and lower than 46 states. County and city taxes may add to it, so check your local rate and enter the total in the calculator.

What to know in Alabama

Alabama gives vehicles a reduced 2% state rate, lower than its general sales tax, but the state share is only part of the bill. Counties and cities charge their own taxes on vehicle purchases, and those rates differ from place to place, so two buyers paying the same price can owe different totals.

The tax is charged on the "net difference" between the new car and your trade-in, so trading in at the dealer lowers it. For an accurate payment, add your county and city rates to the 2% and enter the total in the sales tax field.

Does Alabama tax your trade-in?

No. Alabama only taxes the difference between the new car's price and your trade-in. On a $35,000 car with a $10,000 trade-in, you'd pay $500.00 in state tax instead of $700.00, a saving of $200.00. That saving is worth counting when you compare a dealer's trade-in offer with selling the car yourself.

Example: a car loan in Alabama

A $35,000 car with $5,000 down, $1,500 in fees, and a 60-month loan at 6.5% APR ($700.00 state tax, rolled into the loan):

Change any number in the calculator above to see your own figures.

Rebates and fees

The calculator charges tax on the price before any manufacturer rebate. Ask the dealer how Alabama treats your specific rebate. Title, registration and dealer documentation fees vary, so ask for an itemized out-the-door price and put the fee total in the calculator.

Other states

States with similar vehicle tax rates:

Compare car sales tax in all 50 states and DC