How much is the car payment on a $1,000 vehicle paid over 5 years?
The loan payment depends on the loan amount, interest rate, and length of the loan. See below how the
monthly payment changes based on the interest rate APR for a 1,000 loan paid over 60 months. This assumes no down payment and doesn't consider other fees and maintenance costs.
APR |
Loan Amount |
5 Year Auto Loan Payment |
4% |
1,000 |
$18 |
4.25% |
1,000 |
$19 |
4.5% |
1,000 |
$19 |
4.75% |
1,000 |
$19 |
5% |
1,000 |
$19 |
5.25% |
1,000 |
$19 |
5.5% |
1,000 |
$19 |
5.75% |
1,000 |
$19 |
6% |
1,000 |
$19 |
6.25% |
1,000 |
$19 |
6.5% |
1,000 |
$20 |
6.75% |
1,000 |
$20 |
7% |
1,000 |
$20 |
7.25% |
1,000 |
$20 |
7.5% |
1,000 |
$20 |
7.75% |
1,000 |
$20 |
8% |
1,000 |
$20 |
8.25% |
1,000 |
$20 |
8.5% |
1,000 |
$21 |
8.75% |
1,000 |
$21 |
9% |
1,000 |
$21 |
9.25% |
1,000 |
$21 |
9.5% |
1,000 |
$21 |
9.75% |
1,000 |
$21 |
10% |
1,000 |
$21 |
What is the total amount paid with interest on a 1,000 car loan over 5 years?
See below the
total amount paid (principal and interest) for a 1,000 car loan paid over 5 years.
Rate |
Loan Amount |
5 Year Loan |
4% |
1,000 |
$1,105 |
4.25% |
1,000 |
$1,112 |
4.5% |
1,000 |
$1,119 |
4.75% |
1,000 |
$1,125 |
5% |
1,000 |
$1,132 |
5.25% |
1,000 |
$1,139 |
5.5% |
1,000 |
$1,146 |
5.75% |
1,000 |
$1,153 |
6% |
1,000 |
$1,160 |
6.25% |
1,000 |
$1,167 |
6.5% |
1,000 |
$1,174 |
6.75% |
1,000 |
$1,181 |
7% |
1,000 |
$1,188 |
7.25% |
1,000 |
$1,195 |
7.5% |
1,000 |
$1,202 |
7.75% |
1,000 |
$1,209 |
8% |
1,000 |
$1,217 |
8.25% |
1,000 |
$1,224 |
8.5% |
1,000 |
$1,231 |
8.75% |
1,000 |
$1,238 |
9% |
1,000 |
$1,246 |
9.25% |
1,000 |
$1,253 |
9.5% |
1,000 |
$1,260 |
9.75% |
1,000 |
$1,267 |
10% |
1,000 |
$1,275 |