The Texas auto loan calculator estimate for a $35,000 new car with $3,500 down, financed over 60 months at today's MonitorBankRates Texas average new auto loan APR of 5.80% with the Texas vehicle sales tax of 6.25% and $300 in fees added to the loan, is a monthly car payment of about $654, or about $777 a month with the average Texas car insurance premium included, verified by MonitorBankRates as of September 24, 2026.
Lenders serving Texas currently advertise auto loan APRs from 1.99% to 2.95% across the 5 offers listed below. This calculator finances what a Texas dealer actually finances: the price minus your down payment and trade in, plus Texas sales tax and fees. The APR is today's MonitorBankRates Texas average; switch to used with one click or apply a verified lender APR from the panel below. The same loan at the Texas used car average of 6.12% costs about $659 a month.
Texas Car Payment Estimator
Prefilled with the MonitorBankRates Texas average APR, the Texas sales tax rate and average insurance. Results update as you type.
Where the amount financed comes from
| Vehicle price | $0 |
| Texas sales tax | $0 |
| Title, registration and fees | $0 |
| Down payment | $0 |
| Trade in | $0 |
| Amount financed | $0 |
Loan balance over time
Amortization schedule (yearly totals)
| Year | Principal Paid | Interest Paid | Ending Balance |
|---|
Current Texas Average Auto Loan Rates
Today's MonitorBankRates Texas averages first, then the lowest verified new and used offers from lenders serving Texas. Click any APR to run it through the calculator.
Auto Loan Offers in Texas and the Payment on a $35,000 Car
Monthly payment on the example loan ($33,988 financed after $3,500 down, Texas tax and fees) at each lender's advertised APR and term, from rate sheets published by the lender and verified by MonitorBankRates.
- BELTONNew Vehicle Loan1.99% APR$596 a month over 60 months
- Mclennan County Employees Federal Credit UnionNew Vehicles - With Approved Credit Loan2.00% APR$596 a month over 60 months
- HIGHWAY DISTRICT 212026/2025/2024 Auto Loan2.50% APR$603 a month over 60 months
- Southern Federal Credit UnionAuto Loans2.50% APR$603 a month over 60 months
- IBEW Local 66 Federal Credit UnionNew Automobile Loan2.95% APR$610 a month over 60 months
Compare every new and used auto loan, local banks and credit unions first, on the Texas auto loan rates page.
View Your Texas Auto Loan Rate
Personalized auto loan offers from lenders serving Texas.
What a Car Loan Costs in Texas Right Now
| $35,000 new car, $3,500 down, Texas tax and fees: $33,988 financed at the MonitorBankRates Texas average of 5.80% | Monthly | Total interest |
|---|---|---|
| 36 months | $1,031 | $3,125 |
| 48 months | $795 | $4,177 |
| 60 months | $654 | $5,248 |
| 72 months | $560 | $6,339 |
| 84 months | $493 | $7,447 |
Texas sales tax adds $2,188 to a $35,000 car, which at 5.80% over 60 months is about $42 of the monthly payment. Because Texas taxes the price after the trade in, trading in a $10,000 car at the dealer saves $625 in tax compared with selling it privately. The Texas average APR of 5.80% is close to the U.S. average of 5.88%. Add the average Texas car insurance premium of $123 a month and the car costs about $777 a month to keep on the road before fuel and maintenance, which is 11.9% of the Texas median household income of $78,476. Rates change daily; every figure on this page is recalculated when it loads from the current MonitorBankRates Texas average.
Car Payments by Price in Texas
10% down, Texas sales tax of 6.25% and $300 in fees financed, 60 months at the MonitorBankRates Texas averages for new (5.80%) and used (6.12%) cars.
| Price | Down | Texas tax | Amount financed | New car payment | Used car payment |
|---|---|---|---|---|---|
| $15,000 | $1,500 | $938 | $14,738 | $284 | $286 |
| $25,000 | $2,500 | $1,563 | $24,363 | $469 | $472 |
| $35,000 | $3,500 | $2,188 | $33,988 | $654 | $659 |
| $45,000 | $4,500 | $2,813 | $43,613 | $839 | $846 |
| $60,000 | $6,000 | $3,750 | $58,050 | $1,117 | $1,126 |
Buying a Car in Texas: Tax, Fees and Insurance
Sales tax. Motor vehicle sales tax of 6.25%; no local add on. Dealers add the tax to the amount financed unless you pay it at signing, so it costs interest for the life of the loan.
Trade in. In Texas the trade in value is subtracted before tax is figured, so a $10,000 trade in saves $625 in tax on top of lowering the loan.
Fees. Title, registration and plate fees are set by the Texas motor vehicle agency and vary by vehicle; dealer documentation fees are set by the dealer and run from about $100 to more than $800 depending on the state. The calculator uses $300 as a placeholder; replace it with the figures on your buyer's order.
Insurance. The average Texas car insurance premium is about $1,470 a year, or $123 a month, according to the NAIC, compared with about $1,258 nationally. Lenders require full coverage on a financed car, so budget for it alongside the payment. Compare carriers on the Texas car insurance page.
How to Use the Texas Auto Loan Calculator
- Start from the Texas defaults
The APR is today's MonitorBankRates Texas average, the sales tax is the Texas vehicle rate and the insurance line is the state average. Switch to used with one click.
- Enter the deal
Type the negotiated price, your down payment and trade in, and the fees from the buyer's order. Add your local tax rate if your county or city charges more than the state rate.
- Click a verified lender APR
The panel lists the lowest current new and used offers from lenders serving Texas. One click applies that APR and term.
- Read the full monthly cost
The large figure is the loan payment. Payment plus insurance shows what the car costs each month to keep on the road.
Frequently Asked Questions About Car Loans in Texas
What is the average auto loan rate in Texas today?
The MonitorBankRates Texas average new auto loan APR is 5.80% as of September 24, 2026, and the average used auto loan APR is 6.12%, computed every day from rates published by banks and credit unions lending in Texas. Individual lenders currently advertise APRs from 1.99% to 2.95% for borrowers with strong credit; compare offers on the Texas auto loan rates page.
How much is the car payment on a $35,000 car in Texas?
With $3,500 down, Texas sales tax of 6.25% and $300 in fees, the amount financed is $33,988. At the MonitorBankRates Texas average new auto loan APR of 5.80% that is about $654 a month over 60 months, $795 over 48 months, or $560 over 72 months.
What is the sales tax on a car in Texas?
Motor vehicle sales tax of 6.25%; no local add on. On a $35,000 car the state rate of 6.25% comes to $2,188. The trade in value is subtracted before tax in Texas.
Does a trade in reduce sales tax in Texas?
Yes. Texas charges sales tax on the purchase price minus the trade in, so a $10,000 trade in saves $625 in tax at the 6.25% state rate in addition to lowering the loan.
How much is car insurance in Texas?
The NAIC average car insurance premium in Texas is about $1,470 a year, or $123 a month, compared with about $1,258 nationally. Full coverage is required on a financed car, so the calculator adds the premium to the payment: about $777 a month for the example car.
What loan term should I choose?
The shortest term whose payment fits. On the $33,988 example at 5.80%, 48 months costs $795 a month, 60 months $654, and 84 months $493. The 84 month loan pays about $2,199 more interest than the 60 month loan and leaves you owing more than the car is worth for years.
How much should I put down on a car in Texas?
At least 10% on a used car and 20% on a new one is the usual guidance. Twenty percent down on the $35,000 example, $7,000, cuts the payment by about $67 a month and reduces the time you owe more than the car is worth.
Auto Loan Calculators for Other States
Each state page starts from that state's MonitorBankRates average APR, vehicle sales tax rate and average car insurance cost. The national auto loan calculator compares the payment on the same car in every state.
