8.00% Car Loan for $16,000

What's the monthly payment on a $16,000 auto loan at 8.00% interest? Payment for a 60 month (5 year) loan.
Loan Amount
$
Length
Interest Rate
%
$16,000 auto loan at a 8.00% interest rate for 60 months:
Monthly payment
$324.42
Payments per year
$3,893
Over the course of the loan, you will pay a total of $3,465 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 8.00% interest.
8.00% Car Loan. Monthly Payment by Amount and Loan Length
Amount 3 Years 4 Years 5 Years 6 Years 7 Years
$16,000 $501.38 $390.61 $324.42 $280.53 $249.38
$16,001 $501.41 $390.63 $324.44 $280.55 $249.40
$16,002 $501.44 $390.66 $324.46 $280.57 $249.41
$16,003 $501.48 $390.68 $324.48 $280.58 $249.43
$16,004 $501.51 $390.70 $324.50 $280.60 $249.44
$16,005 $501.54 $390.73 $324.52 $280.62 $249.46
$16,006 $501.57 $390.75 $324.54 $280.64 $249.47
$16,007 $501.60 $390.78 $324.56 $280.65 $249.49
$16,008 $501.63 $390.80 $324.58 $280.67 $249.50
$16,009 $501.66 $390.83 $324.60 $280.69 $249.52
$16,010 $501.70 $390.85 $324.63 $280.71 $249.54
$16,011 $501.73 $390.88 $324.65 $280.72 $249.55
$16,012 $501.76 $390.90 $324.67 $280.74 $249.57
$16,013 $501.79 $390.92 $324.69 $280.76 $249.58
$16,014 $501.82 $390.95 $324.71 $280.78 $249.60
$16,015 $501.85 $390.97 $324.73 $280.79 $249.61
$16,016 $501.88 $391.00 $324.75 $280.81 $249.63
$16,017 $501.91 $391.02 $324.77 $280.83 $249.64
$16,018 $501.95 $391.05 $324.79 $280.85 $249.66
$16,019 $501.98 $391.07 $324.81 $280.86 $249.68
$16,020 $502.01 $391.10 $324.83 $280.88 $249.69
$16,021 $502.04 $391.12 $324.85 $280.90 $249.71
$16,022 $502.07 $391.14 $324.87 $280.92 $249.72
$16,023 $502.10 $391.17 $324.89 $280.94 $249.74
$16,024 $502.13 $391.19 $324.91 $280.95 $249.75
$16,025 $502.17 $391.22 $324.93 $280.97 $249.77
$16,026 $502.20 $391.24 $324.95 $280.99 $249.78
$16,027 $502.23 $391.27 $324.97 $281.01 $249.80
$16,028 $502.26 $391.29 $324.99 $281.02 $249.82
$16,029 $502.29 $391.31 $325.01 $281.04 $249.83
$16,030 $502.32 $391.34 $325.03 $281.06 $249.85
$16,031 $502.35 $391.36 $325.05 $281.08 $249.86
$16,032 $502.38 $391.39 $325.07 $281.09 $249.88
$16,033 $502.42 $391.41 $325.09 $281.11 $249.89
$16,034 $502.45 $391.44 $325.11 $281.13 $249.91
$16,035 $502.48 $391.46 $325.13 $281.15 $249.92
$16,036 $502.51 $391.49 $325.15 $281.16 $249.94
$16,037 $502.54 $391.51 $325.17 $281.18 $249.96
$16,038 $502.57 $391.53 $325.19 $281.20 $249.97
$16,039 $502.60 $391.56 $325.21 $281.22 $249.99
$16,040 $502.64 $391.58 $325.23 $281.23 $250.00
$16,041 $502.67 $391.61 $325.25 $281.25 $250.02
$16,042 $502.70 $391.63 $325.27 $281.27 $250.03
$16,043 $502.73 $391.66 $325.29 $281.29 $250.05
$16,044 $502.76 $391.68 $325.31 $281.30 $250.07
$16,045 $502.79 $391.71 $325.33 $281.32 $250.08
$16,046 $502.82 $391.73 $325.36 $281.34 $250.10
$16,047 $502.85 $391.75 $325.38 $281.36 $250.11
$16,048 $502.89 $391.78 $325.40 $281.37 $250.13
$16,049 $502.92 $391.80 $325.42 $281.39 $250.14
$16,050 $502.95 $391.83 $325.44 $281.41 $250.16
$16,051 $502.98 $391.85 $325.46 $281.43 $250.17
$16,052 $503.01 $391.88 $325.48 $281.44 $250.19
$16,053 $503.04 $391.90 $325.50 $281.46 $250.21
$16,054 $503.07 $391.93 $325.52 $281.48 $250.22
$16,055 $503.11 $391.95 $325.54 $281.50 $250.24
$16,056 $503.14 $391.97 $325.56 $281.51 $250.25
$16,057 $503.17 $392.00 $325.58 $281.53 $250.27
$16,058 $503.20 $392.02 $325.60 $281.55 $250.28
$16,059 $503.23 $392.05 $325.62 $281.57 $250.30
$16,060 $503.26 $392.07 $325.64 $281.58 $250.31
$16,061 $503.29 $392.10 $325.66 $281.60 $250.33
$16,062 $503.32 $392.12 $325.68 $281.62 $250.35
$16,063 $503.36 $392.14 $325.70 $281.64 $250.36
$16,064 $503.39 $392.17 $325.72 $281.65 $250.38
$16,065 $503.42 $392.19 $325.74 $281.67 $250.39
$16,066 $503.45 $392.22 $325.76 $281.69 $250.41
$16,067 $503.48 $392.24 $325.78 $281.71 $250.42
$16,068 $503.51 $392.27 $325.80 $281.72 $250.44
$16,069 $503.54 $392.29 $325.82 $281.74 $250.45
$16,070 $503.58 $392.32 $325.84 $281.76 $250.47
$16,071 $503.61 $392.34 $325.86 $281.78 $250.49
$16,072 $503.64 $392.36 $325.88 $281.79 $250.50
$16,073 $503.67 $392.39 $325.90 $281.81 $250.52
$16,074 $503.70 $392.41 $325.92 $281.83 $250.53
$16,075 $503.73 $392.44 $325.94 $281.85 $250.55
$16,076 $503.76 $392.46 $325.96 $281.86 $250.56
$16,077 $503.79 $392.49 $325.98 $281.88 $250.58
$16,078 $503.83 $392.51 $326.00 $281.90 $250.60
$16,079 $503.86 $392.54 $326.02 $281.92 $250.61
$16,080 $503.89 $392.56 $326.04 $281.93 $250.63
$16,081 $503.92 $392.58 $326.06 $281.95 $250.64
$16,082 $503.95 $392.61 $326.08 $281.97 $250.66
$16,083 $503.98 $392.63 $326.11 $281.99 $250.67
$16,084 $504.01 $392.66 $326.13 $282.00 $250.69
$16,085 $504.05 $392.68 $326.15 $282.02 $250.70
$16,086 $504.08 $392.71 $326.17 $282.04 $250.72
$16,087 $504.11 $392.73 $326.19 $282.06 $250.74
$16,088 $504.14 $392.76 $326.21 $282.07 $250.75
$16,089 $504.17 $392.78 $326.23 $282.09 $250.77
$16,090 $504.20 $392.80 $326.25 $282.11 $250.78
$16,091 $504.23 $392.83 $326.27 $282.13 $250.80
$16,092 $504.26 $392.85 $326.29 $282.14 $250.81
$16,093 $504.30 $392.88 $326.31 $282.16 $250.83
$16,094 $504.33 $392.90 $326.33 $282.18 $250.84
$16,095 $504.36 $392.93 $326.35 $282.20 $250.86
$16,096 $504.39 $392.95 $326.37 $282.22 $250.88
$16,097 $504.42 $392.97 $326.39 $282.23 $250.89
$16,098 $504.45 $393.00 $326.41 $282.25 $250.91
$16,099 $504.48 $393.02 $326.43 $282.27 $250.92
$16,100 $504.52 $393.05 $326.45 $282.29 $250.94