8.50% Car Loan for $16,000

What's the monthly payment on a $16,000 auto loan at 8.50% interest? Payment for a 60 month (5 year) loan.
Loan Amount
$
Length
Interest Rate
%
$16,000 auto loan at a 8.50% interest rate for 60 months:
Monthly payment
$328.26
Payments per year
$3,939
Over the course of the loan, you will pay a total of $3,696 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 8.50% interest.
8.50% Car Loan. Monthly Payment by Amount and Loan Length
Amount 3 Years 4 Years 5 Years 6 Years 7 Years
$16,000 $505.08 $394.37 $328.26 $284.45 $253.38
$16,001 $505.11 $394.40 $328.29 $284.47 $253.40
$16,002 $505.14 $394.42 $328.31 $284.49 $253.42
$16,003 $505.18 $394.45 $328.33 $284.51 $253.43
$16,004 $505.21 $394.47 $328.35 $284.53 $253.45
$16,005 $505.24 $394.50 $328.37 $284.54 $253.46
$16,006 $505.27 $394.52 $328.39 $284.56 $253.48
$16,007 $505.30 $394.55 $328.41 $284.58 $253.49
$16,008 $505.33 $394.57 $328.43 $284.60 $253.51
$16,009 $505.36 $394.59 $328.45 $284.61 $253.53
$16,010 $505.40 $394.62 $328.47 $284.63 $253.54
$16,011 $505.43 $394.64 $328.49 $284.65 $253.56
$16,012 $505.46 $394.67 $328.51 $284.67 $253.57
$16,013 $505.49 $394.69 $328.53 $284.69 $253.59
$16,014 $505.52 $394.72 $328.55 $284.70 $253.61
$16,015 $505.55 $394.74 $328.57 $284.72 $253.62
$16,016 $505.59 $394.77 $328.59 $284.74 $253.64
$16,017 $505.62 $394.79 $328.61 $284.76 $253.65
$16,018 $505.65 $394.82 $328.63 $284.77 $253.67
$16,019 $505.68 $394.84 $328.65 $284.79 $253.68
$16,020 $505.71 $394.87 $328.67 $284.81 $253.70
$16,021 $505.74 $394.89 $328.70 $284.83 $253.72
$16,022 $505.78 $394.92 $328.72 $284.85 $253.73
$16,023 $505.81 $394.94 $328.74 $284.86 $253.75
$16,024 $505.84 $394.96 $328.76 $284.88 $253.76
$16,025 $505.87 $394.99 $328.78 $284.90 $253.78
$16,026 $505.90 $395.01 $328.80 $284.92 $253.80
$16,027 $505.93 $395.04 $328.82 $284.93 $253.81
$16,028 $505.96 $395.06 $328.84 $284.95 $253.83
$16,029 $506.00 $395.09 $328.86 $284.97 $253.84
$16,030 $506.03 $395.11 $328.88 $284.99 $253.86
$16,031 $506.06 $395.14 $328.90 $285.01 $253.87
$16,032 $506.09 $395.16 $328.92 $285.02 $253.89
$16,033 $506.12 $395.19 $328.94 $285.04 $253.91
$16,034 $506.15 $395.21 $328.96 $285.06 $253.92
$16,035 $506.19 $395.24 $328.98 $285.08 $253.94
$16,036 $506.22 $395.26 $329.00 $285.09 $253.95
$16,037 $506.25 $395.28 $329.02 $285.11 $253.97
$16,038 $506.28 $395.31 $329.04 $285.13 $253.99
$16,039 $506.31 $395.33 $329.06 $285.15 $254.00
$16,040 $506.34 $395.36 $329.09 $285.17 $254.02
$16,041 $506.37 $395.38 $329.11 $285.18 $254.03
$16,042 $506.41 $395.41 $329.13 $285.20 $254.05
$16,043 $506.44 $395.43 $329.15 $285.22 $254.06
$16,044 $506.47 $395.46 $329.17 $285.24 $254.08
$16,045 $506.50 $395.48 $329.19 $285.25 $254.10
$16,046 $506.53 $395.51 $329.21 $285.27 $254.11
$16,047 $506.56 $395.53 $329.23 $285.29 $254.13
$16,048 $506.60 $395.56 $329.25 $285.31 $254.14
$16,049 $506.63 $395.58 $329.27 $285.33 $254.16
$16,050 $506.66 $395.61 $329.29 $285.34 $254.18
$16,051 $506.69 $395.63 $329.31 $285.36 $254.19
$16,052 $506.72 $395.65 $329.33 $285.38 $254.21
$16,053 $506.75 $395.68 $329.35 $285.40 $254.22
$16,054 $506.79 $395.70 $329.37 $285.41 $254.24
$16,055 $506.82 $395.73 $329.39 $285.43 $254.25
$16,056 $506.85 $395.75 $329.41 $285.45 $254.27
$16,057 $506.88 $395.78 $329.43 $285.47 $254.29
$16,058 $506.91 $395.80 $329.45 $285.49 $254.30
$16,059 $506.94 $395.83 $329.47 $285.50 $254.32
$16,060 $506.97 $395.85 $329.50 $285.52 $254.33
$16,061 $507.01 $395.88 $329.52 $285.54 $254.35
$16,062 $507.04 $395.90 $329.54 $285.56 $254.37
$16,063 $507.07 $395.93 $329.56 $285.57 $254.38
$16,064 $507.10 $395.95 $329.58 $285.59 $254.40
$16,065 $507.13 $395.97 $329.60 $285.61 $254.41
$16,066 $507.16 $396.00 $329.62 $285.63 $254.43
$16,067 $507.20 $396.02 $329.64 $285.65 $254.44
$16,068 $507.23 $396.05 $329.66 $285.66 $254.46
$16,069 $507.26 $396.07 $329.68 $285.68 $254.48
$16,070 $507.29 $396.10 $329.70 $285.70 $254.49
$16,071 $507.32 $396.12 $329.72 $285.72 $254.51
$16,072 $507.35 $396.15 $329.74 $285.73 $254.52
$16,073 $507.39 $396.17 $329.76 $285.75 $254.54
$16,074 $507.42 $396.20 $329.78 $285.77 $254.56
$16,075 $507.45 $396.22 $329.80 $285.79 $254.57
$16,076 $507.48 $396.25 $329.82 $285.81 $254.59
$16,077 $507.51 $396.27 $329.84 $285.82 $254.60
$16,078 $507.54 $396.30 $329.86 $285.84 $254.62
$16,079 $507.57 $396.32 $329.89 $285.86 $254.63
$16,080 $507.61 $396.34 $329.91 $285.88 $254.65
$16,081 $507.64 $396.37 $329.93 $285.89 $254.67
$16,082 $507.67 $396.39 $329.95 $285.91 $254.68
$16,083 $507.70 $396.42 $329.97 $285.93 $254.70
$16,084 $507.73 $396.44 $329.99 $285.95 $254.71
$16,085 $507.76 $396.47 $330.01 $285.97 $254.73
$16,086 $507.80 $396.49 $330.03 $285.98 $254.75
$16,087 $507.83 $396.52 $330.05 $286.00 $254.76
$16,088 $507.86 $396.54 $330.07 $286.02 $254.78
$16,089 $507.89 $396.57 $330.09 $286.04 $254.79
$16,090 $507.92 $396.59 $330.11 $286.05 $254.81
$16,091 $507.95 $396.62 $330.13 $286.07 $254.82
$16,092 $507.98 $396.64 $330.15 $286.09 $254.84
$16,093 $508.02 $396.67 $330.17 $286.11 $254.86
$16,094 $508.05 $396.69 $330.19 $286.13 $254.87
$16,095 $508.08 $396.71 $330.21 $286.14 $254.89
$16,096 $508.11 $396.74 $330.23 $286.16 $254.90
$16,097 $508.14 $396.76 $330.25 $286.18 $254.92
$16,098 $508.17 $396.79 $330.28 $286.20 $254.94
$16,099 $508.21 $396.81 $330.30 $286.21 $254.95
$16,100 $508.24 $396.84 $330.32 $286.23 $254.97