Car Loan Interest Deduction Calculator (2026 OBBBA)
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First Character of Your VIN
1 (United States)
2 (Canada)
3 (Mexico)
4 (United States)
5 (United States)
7 (United States — rare)
J (Japan)
K (South Korea)
S (United Kingdom)
W (Germany)
Other
Annual Loan Interest Paid
Modified Adjusted Gross Income
Filing Status
Single
Married Filing Jointly
Head of Household
Vehicle Condition
New (original purchase)
Used / Pre-owned
Calculate
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Eligibility
Deduction Amount
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Estimated Federal Tax Savings
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Monthly Savings
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Phase-Out Applied
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Details
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