Car Loan Calculator, Minnesota
Calculate your monthly car payment in Minnesota. Includes Minnesota sales tax and trade-in value.
Updated October 2026Car Loan Details, Minnesota
Payment Summary
Loan Summary
Amortization Schedule
| Mo. | Principal | Interest | Balance |
|---|---|---|---|
| 6 | $487.57 | $183.81 | $31,022.93 |
| 12 | $504.88 | $166.50 | $28,037.21 |
| 18 | $522.82 | $148.56 | $24,945.45 |
| 24 | $541.38 | $130.00 | $21,743.90 |
| 30 | $560.61 | $110.77 | $18,428.63 |
| 36 | $580.52 | $90.86 | $14,995.62 |
| 42 | $601.14 | $70.24 | $11,440.69 |
| 48 | $622.48 | $48.90 | $7,759.52 |
| 54 | $644.59 | $26.79 | $3,947.61 |
| 60 | $667.48 | $3.90 | $0.34 |
The default tax rate is 6.875%: Minnesota taxes vehicle purchases with its 6.875% motor vehicle sales tax instead of the general sales tax (statute).
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Same inputs, different state rules. See how the car loan numbers change outside Minnesota.
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Car Loan Calculator FAQ, Minnesota
Disclaimer: For informational purposes only. Not tax, legal, or financial advice.