Car Loan Calculator

Ohio Auto Loan Calculator

Your monthly payment and total cost for a car bought in Ohio, with the 5.75% state tax and Ohio'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

$655.71

for 60 months at 6.5% APR

Vehicle price
$35,000
Amount financed
$33,513
Sales tax
$2,013
Due at signing
$5,000
Total of payments
$39,343
Total interest
$5,830
Total cost of the car
$44,343
Car (after rebates): $35,000Interest: $5,830Tax & fees: $3,513
  • Car (after rebates)$35,00079%
  • Interest$5,83013%
  • Tax & fees$3,5138%

Compare loan terms

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

TermMonthlyInterestTotal cost
36 mo (3 yr) $1,027.12 $3,464 $41,976
48 mo (4 yr) $794.75 $4,635 $43,148
60 mo (5 yr) $655.71 $5,830 $44,343
72 mo (6 yr) $563.34 $7,048 $45,561
84 mo (7 yr) $497.64 $8,289 $46,802

Payment schedule

YearPaymentPrincipalInterestBalance
1$7,868.53$5,862.83$2,005.69$27,649.67
2$7,868.53$6,255.48$1,613.05$21,394.19
3$7,868.53$6,674.42$1,194.11$14,719.77
4$7,868.53$7,121.42$747.11$7,598.35
5$7,868.53$7,598.35$270.17$0.00
Show all 60 monthly payments
MonthPaymentPrincipalInterestBalance
1$655.71$474.18$181.53$33,038.32
2$655.71$476.75$178.96$32,561.56
3$655.71$479.34$176.38$32,082.23
4$655.71$481.93$173.78$31,600.30
5$655.71$484.54$171.17$31,115.75
6$655.71$487.17$168.54$30,628.59
7$655.71$489.81$165.90$30,138.78
8$655.71$492.46$163.25$29,646.32
9$655.71$495.13$160.58$29,151.20
10$655.71$497.81$157.90$28,653.39
11$655.71$500.50$155.21$28,152.88
12$655.71$503.22$152.49$27,649.67
13$655.71$505.94$149.77$27,143.73
14$655.71$508.68$147.03$26,635.04
15$655.71$511.44$144.27$26,123.61
16$655.71$514.21$141.50$25,609.40
17$655.71$516.99$138.72$25,092.41
18$655.71$519.79$135.92$24,572.61
19$655.71$522.61$133.10$24,050.00
20$655.71$525.44$130.27$23,524.56
21$655.71$528.29$127.42$22,996.28
22$655.71$531.15$124.56$22,465.13
23$655.71$534.02$121.69$21,931.11
24$655.71$536.92$118.79$21,394.19
25$655.71$539.83$115.89$20,854.36
26$655.71$542.75$112.96$20,311.61
27$655.71$545.69$110.02$19,765.92
28$655.71$548.65$107.07$19,217.28
29$655.71$551.62$104.09$18,665.66
30$655.71$554.60$101.11$18,111.06
31$655.71$557.61$98.10$17,553.45
32$655.71$560.63$95.08$16,992.82
33$655.71$563.67$92.04$16,429.15
34$655.71$566.72$88.99$15,862.43
35$655.71$569.79$85.92$15,292.64
36$655.71$572.88$82.84$14,719.77
37$655.71$575.98$79.73$14,143.79
38$655.71$579.10$76.61$13,564.69
39$655.71$582.24$73.48$12,982.46
40$655.71$585.39$70.32$12,397.07
41$655.71$588.56$67.15$11,808.51
42$655.71$591.75$63.96$11,216.76
43$655.71$594.95$60.76$10,621.81
44$655.71$598.18$57.53$10,023.63
45$655.71$601.42$54.29$9,422.22
46$655.71$604.67$51.04$8,817.54
47$655.71$607.95$47.76$8,209.59
48$655.71$611.24$44.47$7,598.35
49$655.71$614.55$41.16$6,983.80
50$655.71$617.88$37.83$6,365.92
51$655.71$621.23$34.48$5,744.69
52$655.71$624.59$31.12$5,120.10
53$655.71$627.98$27.73$4,492.12
54$655.71$631.38$24.33$3,860.74
55$655.71$634.80$20.91$3,225.94
56$655.71$638.24$17.47$2,587.71
57$655.71$641.69$14.02$1,946.01
58$655.71$645.17$10.54$1,300.84
59$655.71$648.66$7.05$652.18
60$655.71$652.18$3.53$0.00

How Ohio taxes car purchases

State vehicle tax rate
5.75%
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.

Ohio charges 5.75% at the state level. A trade-in lowers the tax only when buying a new vehicle, not a used one. County taxes add more. That rate is higher than 26 states and lower than 24 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 Ohio

Ohio's 5.75% state rate is joined by a county rate, and the county rate that applies is the one where you live, not where you buy the car.

Ohio's trade-in rule is unusual: a trade-in reduces the taxable price only when you're buying a new vehicle. If you buy a used car and trade one in, you pay tax on the full used-car price. The calculator shows new-car rules, so if you're buying used in Ohio, enter the trade-in but expect the tax to be higher than shown.

Does Ohio tax your trade-in?

No. Ohio 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 $1,437.50 in state tax instead of $2,012.50, a saving of $575.00. That saving is worth counting when you compare a dealer's trade-in offer with selling the car yourself.

Example: a car loan in Ohio

A $35,000 car with $5,000 down, $1,500 in fees, and a 60-month loan at 6.5% APR ($2,012.50 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 Ohio 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