In 2024-2025, rates ranged from 0.89% to over 2.5% per month for auto loans, depending on the bank, vehicle year, and customer credit profile. Used vehicles generally attract higher rates.
Auto Loan Calculator (Brazil)
Simulate vehicle financing with IOF and effective annual rate.
How auto loans work in Brazil and what the total cost includes.
Auto loans in Brazil (CDC — Crédito Direto ao Consumidor) use the PRICE amortization system with fixed monthly installments. The vehicle serves as collateral (alienação fiduciária). The effective rate (CET) includes IOF, which varies with the term. A higher down payment reduces the financed amount and total interest. This tool shows the real cost breakdown.
Fill in the details to simulate your vehicle financing.
- Enter the vehicle price and down payment.
- Enter the financing term (up to 84 months) and monthly interest rate.
- Check the installment, total paid, IOF and effective annual rate (CET).
Sources and references for this tool
These references help contextualize formulas, standards, APIs and limitations used on this page. They do not replace professional validation when a result has legal, financial, medical or operational impact.
- Banco Central — Cidadania FinanceiraBanco Central do Brasil — Financial education for credit and consumption.
- Receita FederalReceita Federal — Official reference for Brazilian federal tax rules.
- Banco Central do BrasilBanco Central do Brasil — Official reference for rates, credit, exchange and the financial system.