$80,000 car loan: payment by APR and term
| APR | 36 mo | 48 mo | 60 mo | 72 mo | 84 mo |
|---|---|---|---|---|---|
| 4% | $2,361.92 | $1,806.32 | $1,473.32 | $1,251.61 | $1,093.50 |
| 6% | $2,433.75 | $1,878.80 | $1,546.62 | $1,325.83 | $1,168.68 |
| 8% | $2,506.91 | $1,953.03 | $1,622.11 | $1,402.66 | $1,246.90 |
| 10% | $2,581.37 | $2,029.01 | $1,699.76 | $1,482.07 | $1,328.09 |
| 12% | $2,657.14 | $2,106.71 | $1,779.56 | $1,564.02 | $1,412.22 |
| 15% | $2,773.23 | $2,226.46 | $1,903.19 | $1,691.60 | $1,543.74 |
Worked example
At 8% for 60 months: $1,622.11 a month, $97,327 paid in total, of which $17,327 is interest. Stretching to 84 months drops the payment to $1,246.90 but raises interest to $24,739.
Rates in the tables are a range for comparison, not current market quotes. Payments are principal and interest only unless stated.
Frequently asked questions
What is the payment on a $80,000 car loan?
$1,622.11 a month for 60 months at 8% APR.
How much interest on a $80,000 car loan?
$17,327 over 60 months at 8%.