$16,000 Car Loan Calculator

How much is the payment for a $16k car loan?
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How to Use

Enter your loan details into the box and click calculate. Check the amortization table box to show the amortization schedule over the life of the loan.

How much does it cost to buy a 16k Car?

Use the calculator above to estimate the car payment. In addition to the payment, consider other fees such as maintenance and insurance.

How do interest rates and loan term affect the monthly payment of a 16k car?

View the payment table below to see how the monthly payment changes depending on the APR and loan length for a $16000 car loan.

Rate 3 Years 4 Years 5 Years 6 Years
2% 458.28 347.12 280.44 236.01
2.25% 460.03 348.87 282.20 237.77
2.5% 461.78 350.62 283.96 239.54
2.75% 463.54 352.38 285.72 241.31
3% 465.30 354.15 287.50 243.10
3.25% 467.06 355.92 289.28 244.89
3.5% 468.83 357.70 291.07 246.69
3.75% 470.61 359.48 292.86 248.50
4% 472.38 361.26 294.66 250.32
4.25% 474.17 363.06 296.47 252.15
4.5% 475.95 364.86 298.29 253.98
4.75% 477.74 366.66 300.11 255.83
5% 479.53 368.47 301.94 257.68
5.25% 481.33 370.28 303.78 259.54
5.5% 483.13 372.10 305.62 261.41
5.75% 484.94 373.93 307.47 263.28
6% 486.75 375.76 309.32 265.17
6.25% 488.57 377.60 311.19 267.06
6.5% 490.38 379.44 313.06 268.96
6.75% 492.21 381.29 314.94 270.87
7% 494.03 383.14 316.82 272.78
7.25% 495.86 385.00 318.71 274.71
7.5% 497.70 386.86 320.61 276.64
7.75% 499.54 388.73 322.51 278.58
8% 501.38 390.61 324.42 280.53
8.25% 503.23 392.49 326.34 282.49
8.5% 505.08 394.37 328.26 284.45
8.75% 506.94 396.26 330.20 286.43
9% 508.80 398.16 332.13 288.41
9.25% 510.66 400.06 334.08 290.40
9.5% 512.53 401.97 336.03 292.40
9.75% 514.40 403.88 337.99 294.40
10% 516.27 405.80 339.95 296.41
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