5.00% Car Loan for $16,000

What's the monthly payment on a $16,000 auto loan at 5.00% interest? Payment for a 60 month (5 year) loan.
Loan Amount
$
Length
Interest Rate
%
$16,000 auto loan at a 5.00% interest rate for 60 months:
Monthly payment
$301.94
Payments per year
$3,623
Over the course of the loan, you will pay a total of $2,116 in interest.
Calculate the monthly loan payment for a $16,000 car or truck. This page will calculate the monthly payment of an auto loan at 5.00% interest.
5.00% Car Loan. Monthly Payment by Amount and Loan Length
Amount 3 Years 4 Years 5 Years 6 Years 7 Years
$16,000 $479.53 $368.47 $301.94 $257.68 $226.14
$16,001 $479.56 $368.49 $301.96 $257.70 $226.16
$16,002 $479.59 $368.51 $301.98 $257.71 $226.17
$16,003 $479.62 $368.54 $302.00 $257.73 $226.18
$16,004 $479.65 $368.56 $302.02 $257.74 $226.20
$16,005 $479.68 $368.58 $302.03 $257.76 $226.21
$16,006 $479.71 $368.61 $302.05 $257.78 $226.23
$16,007 $479.74 $368.63 $302.07 $257.79 $226.24
$16,008 $479.77 $368.65 $302.09 $257.81 $226.26
$16,009 $479.80 $368.68 $302.11 $257.82 $226.27
$16,010 $479.83 $368.70 $302.13 $257.84 $226.28
$16,011 $479.86 $368.72 $302.15 $257.86 $226.30
$16,012 $479.89 $368.75 $302.17 $257.87 $226.31
$16,013 $479.92 $368.77 $302.19 $257.89 $226.33
$16,014 $479.95 $368.79 $302.20 $257.90 $226.34
$16,015 $479.98 $368.81 $302.22 $257.92 $226.35
$16,016 $480.01 $368.84 $302.24 $257.94 $226.37
$16,017 $480.04 $368.86 $302.26 $257.95 $226.38
$16,018 $480.07 $368.88 $302.28 $257.97 $226.40
$16,019 $480.10 $368.91 $302.30 $257.98 $226.41
$16,020 $480.13 $368.93 $302.32 $258.00 $226.43
$16,021 $480.16 $368.95 $302.34 $258.02 $226.44
$16,022 $480.19 $368.98 $302.35 $258.03 $226.45
$16,023 $480.22 $369.00 $302.37 $258.05 $226.47
$16,024 $480.25 $369.02 $302.39 $258.07 $226.48
$16,025 $480.28 $369.04 $302.41 $258.08 $226.50
$16,026 $480.31 $369.07 $302.43 $258.10 $226.51
$16,027 $480.34 $369.09 $302.45 $258.11 $226.52
$16,028 $480.37 $369.11 $302.47 $258.13 $226.54
$16,029 $480.40 $369.14 $302.49 $258.15 $226.55
$16,030 $480.43 $369.16 $302.51 $258.16 $226.57
$16,031 $480.46 $369.18 $302.52 $258.18 $226.58
$16,032 $480.49 $369.21 $302.54 $258.19 $226.59
$16,033 $480.52 $369.23 $302.56 $258.21 $226.61
$16,034 $480.55 $369.25 $302.58 $258.23 $226.62
$16,035 $480.58 $369.27 $302.60 $258.24 $226.64
$16,036 $480.61 $369.30 $302.62 $258.26 $226.65
$16,037 $480.64 $369.32 $302.64 $258.27 $226.67
$16,038 $480.67 $369.34 $302.66 $258.29 $226.68
$16,039 $480.70 $369.37 $302.68 $258.31 $226.69
$16,040 $480.73 $369.39 $302.69 $258.32 $226.71
$16,041 $480.76 $369.41 $302.71 $258.34 $226.72
$16,042 $480.79 $369.44 $302.73 $258.36 $226.74
$16,043 $480.82 $369.46 $302.75 $258.37 $226.75
$16,044 $480.85 $369.48 $302.77 $258.39 $226.76
$16,045 $480.88 $369.51 $302.79 $258.40 $226.78
$16,046 $480.91 $369.53 $302.81 $258.42 $226.79
$16,047 $480.94 $369.55 $302.83 $258.44 $226.81
$16,048 $480.97 $369.57 $302.85 $258.45 $226.82
$16,049 $481.00 $369.60 $302.86 $258.47 $226.84
$16,050 $481.03 $369.62 $302.88 $258.48 $226.85
$16,051 $481.06 $369.64 $302.90 $258.50 $226.86
$16,052 $481.09 $369.67 $302.92 $258.52 $226.88
$16,053 $481.12 $369.69 $302.94 $258.53 $226.89
$16,054 $481.15 $369.71 $302.96 $258.55 $226.91
$16,055 $481.18 $369.74 $302.98 $258.56 $226.92
$16,056 $481.21 $369.76 $303.00 $258.58 $226.93
$16,057 $481.24 $369.78 $303.02 $258.60 $226.95
$16,058 $481.27 $369.80 $303.03 $258.61 $226.96
$16,059 $481.30 $369.83 $303.05 $258.63 $226.98
$16,060 $481.33 $369.85 $303.07 $258.65 $226.99
$16,061 $481.36 $369.87 $303.09 $258.66 $227.00
$16,062 $481.39 $369.90 $303.11 $258.68 $227.02
$16,063 $481.42 $369.92 $303.13 $258.69 $227.03
$16,064 $481.45 $369.94 $303.15 $258.71 $227.05
$16,065 $481.48 $369.97 $303.17 $258.73 $227.06
$16,066 $481.51 $369.99 $303.19 $258.74 $227.08
$16,067 $481.54 $370.01 $303.20 $258.76 $227.09
$16,068 $481.57 $370.03 $303.22 $258.77 $227.10
$16,069 $481.60 $370.06 $303.24 $258.79 $227.12
$16,070 $481.63 $370.08 $303.26 $258.81 $227.13
$16,071 $481.66 $370.10 $303.28 $258.82 $227.15
$16,072 $481.69 $370.13 $303.30 $258.84 $227.16
$16,073 $481.72 $370.15 $303.32 $258.85 $227.17
$16,074 $481.75 $370.17 $303.34 $258.87 $227.19
$16,075 $481.78 $370.20 $303.36 $258.89 $227.20
$16,076 $481.81 $370.22 $303.37 $258.90 $227.22
$16,077 $481.84 $370.24 $303.39 $258.92 $227.23
$16,078 $481.87 $370.26 $303.41 $258.94 $227.24
$16,079 $481.90 $370.29 $303.43 $258.95 $227.26
$16,080 $481.93 $370.31 $303.45 $258.97 $227.27
$16,081 $481.96 $370.33 $303.47 $258.98 $227.29
$16,082 $481.99 $370.36 $303.49 $259.00 $227.30
$16,083 $482.02 $370.38 $303.51 $259.02 $227.32
$16,084 $482.05 $370.40 $303.52 $259.03 $227.33
$16,085 $482.08 $370.43 $303.54 $259.05 $227.34
$16,086 $482.11 $370.45 $303.56 $259.06 $227.36
$16,087 $482.14 $370.47 $303.58 $259.08 $227.37
$16,088 $482.17 $370.50 $303.60 $259.10 $227.39
$16,089 $482.20 $370.52 $303.62 $259.11 $227.40
$16,090 $482.23 $370.54 $303.64 $259.13 $227.41
$16,091 $482.26 $370.56 $303.66 $259.14 $227.43
$16,092 $482.29 $370.59 $303.68 $259.16 $227.44
$16,093 $482.32 $370.61 $303.69 $259.18 $227.46
$16,094 $482.35 $370.63 $303.71 $259.19 $227.47
$16,095 $482.38 $370.66 $303.73 $259.21 $227.49
$16,096 $482.41 $370.68 $303.75 $259.22 $227.50
$16,097 $482.44 $370.70 $303.77 $259.24 $227.51
$16,098 $482.47 $370.73 $303.79 $259.26 $227.53
$16,099 $482.50 $370.75 $303.81 $259.27 $227.54
$16,100 $482.53 $370.77 $303.83 $259.29 $227.56