Vehicle Loan Calculator
Cost of Vehicle
Down Payment
Interest Rate
Term of the Loan
Years
Months
Payment Summary
Monthly Payment
$426.04
Total Cost
$20,450.01
Total Interest Paid
$1,950.01
With a down payment of $1,500.00 on a $20,000.00 vehicle, your payment will be $426.04 per month for 4 years. With an interest rate of 5.00%, you will pay $1,950.01 in interest over the life of the loan.
The information provided by these calculators is for illustrative purposes only. The values shown are hypothetical and may not be applicable to your individual situation or guarantee extension of credit. Be sure to consult a financial professional prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.
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With a down payment of $1,500.00 on a $20,000.00 vehicle, your payment will be $426.04 per month for 4 years. With an interest rate of 5.00%, you will pay $1,950.01 in interest over the life of the loan.