6.25% Car Loan for $16,000

What's the monthly payment on a $16,000 auto loan at 6.25% interest? Payment for a 60 month (5 year) loan.
Loan Amount
$
Length
Interest Rate
%
$16,000 auto loan at a 6.25% interest rate for 60 months:
Monthly payment
$311.19
Payments per year
$3,734
Over the course of the loan, you will pay a total of $2,671 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 6.25% interest.
6.25% Car Loan. Monthly Payment by Amount and Loan Length
Amount 3 Years 4 Years 5 Years 6 Years 7 Years
$16,000 $488.57 $377.60 $311.19 $267.06 $235.66
$16,001 $488.60 $377.62 $311.21 $267.08 $235.67
$16,002 $488.63 $377.64 $311.23 $267.09 $235.69
$16,003 $488.66 $377.67 $311.25 $267.11 $235.70
$16,004 $488.69 $377.69 $311.27 $267.13 $235.72
$16,005 $488.72 $377.72 $311.29 $267.14 $235.73
$16,006 $488.75 $377.74 $311.30 $267.16 $235.75
$16,007 $488.78 $377.76 $311.32 $267.18 $235.76
$16,008 $488.81 $377.79 $311.34 $267.19 $235.78
$16,009 $488.84 $377.81 $311.36 $267.21 $235.79
$16,010 $488.87 $377.83 $311.38 $267.23 $235.81
$16,011 $488.90 $377.86 $311.40 $267.24 $235.82
$16,012 $488.93 $377.88 $311.42 $267.26 $235.84
$16,013 $488.96 $377.90 $311.44 $267.28 $235.85
$16,014 $488.99 $377.93 $311.46 $267.29 $235.87
$16,015 $489.02 $377.95 $311.48 $267.31 $235.88
$16,016 $489.05 $377.97 $311.50 $267.33 $235.89
$16,017 $489.08 $378.00 $311.52 $267.34 $235.91
$16,018 $489.12 $378.02 $311.54 $267.36 $235.92
$16,019 $489.15 $378.05 $311.56 $267.38 $235.94
$16,020 $489.18 $378.07 $311.58 $267.39 $235.95
$16,021 $489.21 $378.09 $311.60 $267.41 $235.97
$16,022 $489.24 $378.12 $311.62 $267.43 $235.98
$16,023 $489.27 $378.14 $311.64 $267.44 $236.00
$16,024 $489.30 $378.16 $311.65 $267.46 $236.01
$16,025 $489.33 $378.19 $311.67 $267.48 $236.03
$16,026 $489.36 $378.21 $311.69 $267.49 $236.04
$16,027 $489.39 $378.23 $311.71 $267.51 $236.06
$16,028 $489.42 $378.26 $311.73 $267.53 $236.07
$16,029 $489.45 $378.28 $311.75 $267.54 $236.09
$16,030 $489.48 $378.31 $311.77 $267.56 $236.10
$16,031 $489.51 $378.33 $311.79 $267.58 $236.12
$16,032 $489.54 $378.35 $311.81 $267.59 $236.13
$16,033 $489.57 $378.38 $311.83 $267.61 $236.15
$16,034 $489.60 $378.40 $311.85 $267.63 $236.16
$16,035 $489.63 $378.42 $311.87 $267.64 $236.17
$16,036 $489.66 $378.45 $311.89 $267.66 $236.19
$16,037 $489.70 $378.47 $311.91 $267.68 $236.20
$16,038 $489.73 $378.49 $311.93 $267.69 $236.22
$16,039 $489.76 $378.52 $311.95 $267.71 $236.23
$16,040 $489.79 $378.54 $311.97 $267.73 $236.25
$16,041 $489.82 $378.56 $311.99 $267.74 $236.26
$16,042 $489.85 $378.59 $312.01 $267.76 $236.28
$16,043 $489.88 $378.61 $312.02 $267.78 $236.29
$16,044 $489.91 $378.64 $312.04 $267.79 $236.31
$16,045 $489.94 $378.66 $312.06 $267.81 $236.32
$16,046 $489.97 $378.68 $312.08 $267.83 $236.34
$16,047 $490.00 $378.71 $312.10 $267.84 $236.35
$16,048 $490.03 $378.73 $312.12 $267.86 $236.37
$16,049 $490.06 $378.75 $312.14 $267.88 $236.38
$16,050 $490.09 $378.78 $312.16 $267.89 $236.40
$16,051 $490.12 $378.80 $312.18 $267.91 $236.41
$16,052 $490.15 $378.82 $312.20 $267.93 $236.43
$16,053 $490.18 $378.85 $312.22 $267.94 $236.44
$16,054 $490.21 $378.87 $312.24 $267.96 $236.45
$16,055 $490.24 $378.90 $312.26 $267.98 $236.47
$16,056 $490.28 $378.92 $312.28 $267.99 $236.48
$16,057 $490.31 $378.94 $312.30 $268.01 $236.50
$16,058 $490.34 $378.97 $312.32 $268.03 $236.51
$16,059 $490.37 $378.99 $312.34 $268.04 $236.53
$16,060 $490.40 $379.01 $312.36 $268.06 $236.54
$16,061 $490.43 $379.04 $312.37 $268.08 $236.56
$16,062 $490.46 $379.06 $312.39 $268.09 $236.57
$16,063 $490.49 $379.08 $312.41 $268.11 $236.59
$16,064 $490.52 $379.11 $312.43 $268.13 $236.60
$16,065 $490.55 $379.13 $312.45 $268.14 $236.62
$16,066 $490.58 $379.15 $312.47 $268.16 $236.63
$16,067 $490.61 $379.18 $312.49 $268.18 $236.65
$16,068 $490.64 $379.20 $312.51 $268.19 $236.66
$16,069 $490.67 $379.23 $312.53 $268.21 $236.68
$16,070 $490.70 $379.25 $312.55 $268.23 $236.69
$16,071 $490.73 $379.27 $312.57 $268.24 $236.70
$16,072 $490.76 $379.30 $312.59 $268.26 $236.72
$16,073 $490.79 $379.32 $312.61 $268.28 $236.73
$16,074 $490.83 $379.34 $312.63 $268.29 $236.75
$16,075 $490.86 $379.37 $312.65 $268.31 $236.76
$16,076 $490.89 $379.39 $312.67 $268.33 $236.78
$16,077 $490.92 $379.41 $312.69 $268.34 $236.79
$16,078 $490.95 $379.44 $312.71 $268.36 $236.81
$16,079 $490.98 $379.46 $312.72 $268.38 $236.82
$16,080 $491.01 $379.49 $312.74 $268.39 $236.84
$16,081 $491.04 $379.51 $312.76 $268.41 $236.85
$16,082 $491.07 $379.53 $312.78 $268.43 $236.87
$16,083 $491.10 $379.56 $312.80 $268.44 $236.88
$16,084 $491.13 $379.58 $312.82 $268.46 $236.90
$16,085 $491.16 $379.60 $312.84 $268.48 $236.91
$16,086 $491.19 $379.63 $312.86 $268.49 $236.93
$16,087 $491.22 $379.65 $312.88 $268.51 $236.94
$16,088 $491.25 $379.67 $312.90 $268.53 $236.96
$16,089 $491.28 $379.70 $312.92 $268.54 $236.97
$16,090 $491.31 $379.72 $312.94 $268.56 $236.98
$16,091 $491.34 $379.74 $312.96 $268.58 $237.00
$16,092 $491.37 $379.77 $312.98 $268.59 $237.01
$16,093 $491.41 $379.79 $313.00 $268.61 $237.03
$16,094 $491.44 $379.82 $313.02 $268.63 $237.04
$16,095 $491.47 $379.84 $313.04 $268.64 $237.06
$16,096 $491.50 $379.86 $313.06 $268.66 $237.07
$16,097 $491.53 $379.89 $313.07 $268.68 $237.09
$16,098 $491.56 $379.91 $313.09 $268.69 $237.10
$16,099 $491.59 $379.93 $313.11 $268.71 $237.12
$16,100 $491.62 $379.96 $313.13 $268.73 $237.13