Ohio Auto Loan Calculator
Calculate your car payment in Ohio with 5.75% state sales tax (up to 8.0% with local). See monthly payment, total interest, and total cost.
How This Calculator Works
Calculation methodology and assumptions
Auto loan calculation for Ohio. Ohio's state sales tax of 5.75% is applied to the vehicle price minus trade-in value. Local taxes may add up to 2.25% more. Monthly payment uses standard amortization: P × [r(1+r)^n] / [(1+r)^n - 1].
Key State Information
Ohio auto buying facts: State sales tax 5.75%, up to 2.25% additional local tax. Average car insurance in Ohio: $1,350/year. On a $35,000 vehicle, Ohio sales tax alone is $2,013.
Frequently Asked Questions
How much is sales tax on a car in Ohio?
Ohio's state sales tax rate is 5.75%. Local jurisdictions can add up to 2.25% more, for a maximum combined rate of 8.0%. On a $35,000 car, state sales tax is approximately $2,013.
What is the average car insurance cost in Ohio?
The average annual car insurance premium in Ohio is $1,350, or about $113/month. This is below the national average.