Free calculator
Motorcycle Loan Calculator
This motorcycle loan calculator converts a bike price, down payment, rate, and term into a monthly payment and shows the interest across the life of the loan.
The lowest rates are only available to the most qualified applicants.
Advertising disclosure: Loancalculated may receive a referral fee if you apply through the link above. That fee does not change the rate you are offered, and it does not change our content. We are not a lender. Read the full disclosure.
Enter your numbers and press Calculate. Nothing you type leaves your browser.
The lowest rates are only available to the most qualified applicants.
Advertising disclosure: Loancalculated may receive a referral fee if you apply through the link above. That fee does not change the rate you are offered, and it does not change our content. We are not a lender. Read the full disclosure.
How this calculator works
A motorcycle loan is a fixed-rate installment loan secured by the bike. The amount financed is the price minus the down payment.
Payment = P × i ÷ (1 − (1 + i)−n)
- P — the amount financed
- i — the monthly rate (annual rate ÷ 1,200)
- n — the number of monthly payments
Total interest is payment × n − P, and the total cost adds the down payment. A larger down payment lowers both the amount financed and the interest.
Motorcycle rates vary by lender, model, and credit, so enter your own figure.