7.00% Car Loan for $16,000

What's the monthly payment on a $16,000 auto loan at 7.00% interest? Payment for a 60 month (5 year) loan.
Loan Amount
$
Length
Interest Rate
%
$16,000 auto loan at a 7.00% interest rate for 60 months:
Monthly payment
$316.82
Payments per year
$3,802
Over the course of the loan, you will pay a total of $3,009 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 7.00% interest.
7.00% Car Loan. Monthly Payment by Amount and Loan Length
Amount 3 Years 4 Years 5 Years 6 Years 7 Years
$16,000 $494.03 $383.14 $316.82 $272.78 $241.48
$16,001 $494.06 $383.16 $316.84 $272.80 $241.50
$16,002 $494.10 $383.19 $316.86 $272.82 $241.51
$16,003 $494.13 $383.21 $316.88 $272.84 $241.53
$16,004 $494.16 $383.24 $316.90 $272.85 $241.54
$16,005 $494.19 $383.26 $316.92 $272.87 $241.56
$16,006 $494.22 $383.28 $316.94 $272.89 $241.57
$16,007 $494.25 $383.31 $316.96 $272.90 $241.59
$16,008 $494.28 $383.33 $316.98 $272.92 $241.60
$16,009 $494.31 $383.36 $317.00 $272.94 $241.62
$16,010 $494.34 $383.38 $317.02 $272.95 $241.63
$16,011 $494.37 $383.40 $317.04 $272.97 $241.65
$16,012 $494.40 $383.43 $317.06 $272.99 $241.66
$16,013 $494.43 $383.45 $317.08 $273.01 $241.68
$16,014 $494.47 $383.48 $317.10 $273.02 $241.69
$16,015 $494.50 $383.50 $317.12 $273.04 $241.71
$16,016 $494.53 $383.52 $317.14 $273.06 $241.72
$16,017 $494.56 $383.55 $317.16 $273.07 $241.74
$16,018 $494.59 $383.57 $317.18 $273.09 $241.75
$16,019 $494.62 $383.59 $317.20 $273.11 $241.77
$16,020 $494.65 $383.62 $317.22 $273.13 $241.78
$16,021 $494.68 $383.64 $317.24 $273.14 $241.80
$16,022 $494.71 $383.67 $317.25 $273.16 $241.81
$16,023 $494.74 $383.69 $317.27 $273.18 $241.83
$16,024 $494.77 $383.71 $317.29 $273.19 $241.85
$16,025 $494.81 $383.74 $317.31 $273.21 $241.86
$16,026 $494.84 $383.76 $317.33 $273.23 $241.88
$16,027 $494.87 $383.79 $317.35 $273.24 $241.89
$16,028 $494.90 $383.81 $317.37 $273.26 $241.91
$16,029 $494.93 $383.83 $317.39 $273.28 $241.92
$16,030 $494.96 $383.86 $317.41 $273.30 $241.94
$16,031 $494.99 $383.88 $317.43 $273.31 $241.95
$16,032 $495.02 $383.91 $317.45 $273.33 $241.97
$16,033 $495.05 $383.93 $317.47 $273.35 $241.98
$16,034 $495.08 $383.95 $317.49 $273.36 $242.00
$16,035 $495.11 $383.98 $317.51 $273.38 $242.01
$16,036 $495.15 $384.00 $317.53 $273.40 $242.03
$16,037 $495.18 $384.03 $317.55 $273.41 $242.04
$16,038 $495.21 $384.05 $317.57 $273.43 $242.06
$16,039 $495.24 $384.07 $317.59 $273.45 $242.07
$16,040 $495.27 $384.10 $317.61 $273.47 $242.09
$16,041 $495.30 $384.12 $317.63 $273.48 $242.10
$16,042 $495.33 $384.15 $317.65 $273.50 $242.12
$16,043 $495.36 $384.17 $317.67 $273.52 $242.13
$16,044 $495.39 $384.19 $317.69 $273.53 $242.15
$16,045 $495.42 $384.22 $317.71 $273.55 $242.16
$16,046 $495.45 $384.24 $317.73 $273.57 $242.18
$16,047 $495.48 $384.27 $317.75 $273.59 $242.19
$16,048 $495.52 $384.29 $317.77 $273.60 $242.21
$16,049 $495.55 $384.31 $317.79 $273.62 $242.22
$16,050 $495.58 $384.34 $317.81 $273.64 $242.24
$16,051 $495.61 $384.36 $317.83 $273.65 $242.25
$16,052 $495.64 $384.39 $317.85 $273.67 $242.27
$16,053 $495.67 $384.41 $317.87 $273.69 $242.28
$16,054 $495.70 $384.43 $317.89 $273.70 $242.30
$16,055 $495.73 $384.46 $317.91 $273.72 $242.31
$16,056 $495.76 $384.48 $317.93 $273.74 $242.33
$16,057 $495.79 $384.50 $317.95 $273.76 $242.34
$16,058 $495.82 $384.53 $317.97 $273.77 $242.36
$16,059 $495.86 $384.55 $317.99 $273.79 $242.37
$16,060 $495.89 $384.58 $318.01 $273.81 $242.39
$16,061 $495.92 $384.60 $318.03 $273.82 $242.40
$16,062 $495.95 $384.62 $318.05 $273.84 $242.42
$16,063 $495.98 $384.65 $318.07 $273.86 $242.43
$16,064 $496.01 $384.67 $318.09 $273.88 $242.45
$16,065 $496.04 $384.70 $318.11 $273.89 $242.46
$16,066 $496.07 $384.72 $318.13 $273.91 $242.48
$16,067 $496.10 $384.74 $318.15 $273.93 $242.49
$16,068 $496.13 $384.77 $318.17 $273.94 $242.51
$16,069 $496.16 $384.79 $318.19 $273.96 $242.52
$16,070 $496.19 $384.82 $318.21 $273.98 $242.54
$16,071 $496.23 $384.84 $318.23 $273.99 $242.55
$16,072 $496.26 $384.86 $318.24 $274.01 $242.57
$16,073 $496.29 $384.89 $318.26 $274.03 $242.58
$16,074 $496.32 $384.91 $318.28 $274.05 $242.60
$16,075 $496.35 $384.94 $318.30 $274.06 $242.61
$16,076 $496.38 $384.96 $318.32 $274.08 $242.63
$16,077 $496.41 $384.98 $318.34 $274.10 $242.65
$16,078 $496.44 $385.01 $318.36 $274.11 $242.66
$16,079 $496.47 $385.03 $318.38 $274.13 $242.68
$16,080 $496.50 $385.06 $318.40 $274.15 $242.69
$16,081 $496.53 $385.08 $318.42 $274.17 $242.71
$16,082 $496.57 $385.10 $318.44 $274.18 $242.72
$16,083 $496.60 $385.13 $318.46 $274.20 $242.74
$16,084 $496.63 $385.15 $318.48 $274.22 $242.75
$16,085 $496.66 $385.18 $318.50 $274.23 $242.77
$16,086 $496.69 $385.20 $318.52 $274.25 $242.78
$16,087 $496.72 $385.22 $318.54 $274.27 $242.80
$16,088 $496.75 $385.25 $318.56 $274.28 $242.81
$16,089 $496.78 $385.27 $318.58 $274.30 $242.83
$16,090 $496.81 $385.30 $318.60 $274.32 $242.84
$16,091 $496.84 $385.32 $318.62 $274.34 $242.86
$16,092 $496.87 $385.34 $318.64 $274.35 $242.87
$16,093 $496.91 $385.37 $318.66 $274.37 $242.89
$16,094 $496.94 $385.39 $318.68 $274.39 $242.90
$16,095 $496.97 $385.41 $318.70 $274.40 $242.92
$16,096 $497.00 $385.44 $318.72 $274.42 $242.93
$16,097 $497.03 $385.46 $318.74 $274.44 $242.95
$16,098 $497.06 $385.49 $318.76 $274.45 $242.96
$16,099 $497.09 $385.51 $318.78 $274.47 $242.98
$16,100 $497.12 $385.53 $318.80 $274.49 $242.99