Ford F-250 Loan Interest Deduction Calculator
For Super Duty buyers financing $60k+ work trucks.
The short answer: At the numbers below, the OBBBA deduction is $5,500, worth $660 at 12% ($25 per paycheck).
New, US-assembled vehicle only
Modified Adjusted Gross Income
Car Loan Interest Deduction
$5,500
✅ You qualify for the full deduction
⚠️ This calculator provides estimates for informational and educational purposes only. It is not tax advice. Results are based on the One Big Beautiful Bill Act (OBBBA) and IRS Schedule 1-A. Consult a qualified tax professional for your specific situation.
Big Loans, Big Interest — Watch the Cap
A $60,000 F-250 at 7.5% generates $4,500+ of first-year interest; a maxed loan can approach the $10,000 cap.
- • Deduction up to $10,000 of interest per return
- • Heavy OT or business years: check the MAGI phase-out
- • Work-use portion may also feed business deductions — don't double count
Worked Example
MFJ buyer, $5,500 of annual interest on an F-250 loan.
- • Deduction $5,500; savings $660 at 12%
Keep Reading
Frequently Asked Questions
Can I deduct F-250 loan interest under the OBBBA?
Yes — qualified vehicle loan interest is deductible up to $10,000 with a MAGI phase-out.
I use the truck 80% for my business — what then?
Split it: the business-use interest goes on Schedule C, the personal share through the OBBBA deduction. Never deduct the same dollar twice.