5.50% Car Loan for $16,000

What's the monthly payment on a $16,000 auto loan at 5.50% interest? Payment for a 60 month (5 year) loan.
Loan Amount
$
Length
Interest Rate
%
$16,000 auto loan at a 5.50% interest rate for 60 months:
Monthly payment
$305.62
Payments per year
$3,667
Over the course of the loan, you will pay a total of $2,337 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 5.50% interest.
5.50% Car Loan. Monthly Payment by Amount and Loan Length
Amount 3 Years 4 Years 5 Years 6 Years 7 Years
$16,000 $483.13 $372.10 $305.62 $261.41 $229.92
$16,001 $483.16 $372.13 $305.64 $261.42 $229.94
$16,002 $483.19 $372.15 $305.66 $261.44 $229.95
$16,003 $483.23 $372.17 $305.68 $261.46 $229.96
$16,004 $483.26 $372.20 $305.69 $261.47 $229.98
$16,005 $483.29 $372.22 $305.71 $261.49 $229.99
$16,006 $483.32 $372.24 $305.73 $261.50 $230.01
$16,007 $483.35 $372.27 $305.75 $261.52 $230.02
$16,008 $483.38 $372.29 $305.77 $261.54 $230.04
$16,009 $483.41 $372.31 $305.79 $261.55 $230.05
$16,010 $483.44 $372.34 $305.81 $261.57 $230.06
$16,011 $483.47 $372.36 $305.83 $261.59 $230.08
$16,012 $483.50 $372.38 $305.85 $261.60 $230.09
$16,013 $483.53 $372.41 $305.87 $261.62 $230.11
$16,014 $483.56 $372.43 $305.89 $261.63 $230.12
$16,015 $483.59 $372.45 $305.91 $261.65 $230.14
$16,016 $483.62 $372.48 $305.92 $261.67 $230.15
$16,017 $483.65 $372.50 $305.94 $261.68 $230.16
$16,018 $483.68 $372.52 $305.96 $261.70 $230.18
$16,019 $483.71 $372.55 $305.98 $261.72 $230.19
$16,020 $483.74 $372.57 $306.00 $261.73 $230.21
$16,021 $483.77 $372.59 $306.02 $261.75 $230.22
$16,022 $483.80 $372.62 $306.04 $261.77 $230.24
$16,023 $483.83 $372.64 $306.06 $261.78 $230.25
$16,024 $483.86 $372.66 $306.08 $261.80 $230.27
$16,025 $483.89 $372.69 $306.10 $261.81 $230.28
$16,026 $483.92 $372.71 $306.12 $261.83 $230.29
$16,027 $483.95 $372.73 $306.13 $261.85 $230.31
$16,028 $483.98 $372.75 $306.15 $261.86 $230.32
$16,029 $484.01 $372.78 $306.17 $261.88 $230.34
$16,030 $484.04 $372.80 $306.19 $261.90 $230.35
$16,031 $484.07 $372.82 $306.21 $261.91 $230.37
$16,032 $484.10 $372.85 $306.23 $261.93 $230.38
$16,033 $484.13 $372.87 $306.25 $261.95 $230.39
$16,034 $484.16 $372.89 $306.27 $261.96 $230.41
$16,035 $484.19 $372.92 $306.29 $261.98 $230.42
$16,036 $484.22 $372.94 $306.31 $261.99 $230.44
$16,037 $484.25 $372.96 $306.33 $262.01 $230.45
$16,038 $484.28 $372.99 $306.34 $262.03 $230.47
$16,039 $484.31 $373.01 $306.36 $262.04 $230.48
$16,040 $484.34 $373.03 $306.38 $262.06 $230.50
$16,041 $484.37 $373.06 $306.40 $262.08 $230.51
$16,042 $484.40 $373.08 $306.42 $262.09 $230.52
$16,043 $484.43 $373.10 $306.44 $262.11 $230.54
$16,044 $484.46 $373.13 $306.46 $262.13 $230.55
$16,045 $484.49 $373.15 $306.48 $262.14 $230.57
$16,046 $484.52 $373.17 $306.50 $262.16 $230.58
$16,047 $484.55 $373.20 $306.52 $262.17 $230.60
$16,048 $484.58 $373.22 $306.54 $262.19 $230.61
$16,049 $484.61 $373.24 $306.55 $262.21 $230.62
$16,050 $484.64 $373.27 $306.57 $262.22 $230.64
$16,051 $484.67 $373.29 $306.59 $262.24 $230.65
$16,052 $484.70 $373.31 $306.61 $262.26 $230.67
$16,053 $484.73 $373.34 $306.63 $262.27 $230.68
$16,054 $484.77 $373.36 $306.65 $262.29 $230.70
$16,055 $484.80 $373.38 $306.67 $262.30 $230.71
$16,056 $484.83 $373.41 $306.69 $262.32 $230.73
$16,057 $484.86 $373.43 $306.71 $262.34 $230.74
$16,058 $484.89 $373.45 $306.73 $262.35 $230.75
$16,059 $484.92 $373.48 $306.75 $262.37 $230.77
$16,060 $484.95 $373.50 $306.76 $262.39 $230.78
$16,061 $484.98 $373.52 $306.78 $262.40 $230.80
$16,062 $485.01 $373.55 $306.80 $262.42 $230.81
$16,063 $485.04 $373.57 $306.82 $262.44 $230.83
$16,064 $485.07 $373.59 $306.84 $262.45 $230.84
$16,065 $485.10 $373.62 $306.86 $262.47 $230.85
$16,066 $485.13 $373.64 $306.88 $262.48 $230.87
$16,067 $485.16 $373.66 $306.90 $262.50 $230.88
$16,068 $485.19 $373.69 $306.92 $262.52 $230.90
$16,069 $485.22 $373.71 $306.94 $262.53 $230.91
$16,070 $485.25 $373.73 $306.96 $262.55 $230.93
$16,071 $485.28 $373.75 $306.97 $262.57 $230.94
$16,072 $485.31 $373.78 $306.99 $262.58 $230.96
$16,073 $485.34 $373.80 $307.01 $262.60 $230.97
$16,074 $485.37 $373.82 $307.03 $262.62 $230.98
$16,075 $485.40 $373.85 $307.05 $262.63 $231.00
$16,076 $485.43 $373.87 $307.07 $262.65 $231.01
$16,077 $485.46 $373.89 $307.09 $262.66 $231.03
$16,078 $485.49 $373.92 $307.11 $262.68 $231.04
$16,079 $485.52 $373.94 $307.13 $262.70 $231.06
$16,080 $485.55 $373.96 $307.15 $262.71 $231.07
$16,081 $485.58 $373.99 $307.17 $262.73 $231.08
$16,082 $485.61 $374.01 $307.18 $262.75 $231.10
$16,083 $485.64 $374.03 $307.20 $262.76 $231.11
$16,084 $485.67 $374.06 $307.22 $262.78 $231.13
$16,085 $485.70 $374.08 $307.24 $262.79 $231.14
$16,086 $485.73 $374.10 $307.26 $262.81 $231.16
$16,087 $485.76 $374.13 $307.28 $262.83 $231.17
$16,088 $485.79 $374.15 $307.30 $262.84 $231.19
$16,089 $485.82 $374.17 $307.32 $262.86 $231.20
$16,090 $485.85 $374.20 $307.34 $262.88 $231.21
$16,091 $485.88 $374.22 $307.36 $262.89 $231.23
$16,092 $485.91 $374.24 $307.38 $262.91 $231.24
$16,093 $485.94 $374.27 $307.40 $262.93 $231.26
$16,094 $485.97 $374.29 $307.41 $262.94 $231.27
$16,095 $486.00 $374.31 $307.43 $262.96 $231.29
$16,096 $486.03 $374.34 $307.45 $262.97 $231.30
$16,097 $486.06 $374.36 $307.47 $262.99 $231.31
$16,098 $486.09 $374.38 $307.49 $263.01 $231.33
$16,099 $486.12 $374.41 $307.51 $263.02 $231.34
$16,100 $486.15 $374.43 $307.53 $263.04 $231.36