5% APR Car Loan Calculator is used to calculate the monthly payment for car loans with interest rate 5%. The 5 APR car loan amortization schedule shows the total costs of the car loan, and monthly breakdowns of principal and interest payments.
Monthly Payment For 5% Car Loan |
|
Car Loan: |
$10,000.00 |
Monthly Payment: |
$188.71 |
Total # Of Payments: |
60 |
Start Date: |
Jan, 2025 |
Payoff Date: |
Dec, 2029 |
Total Interest Paid: |
$1,322.74 |
Total Payment: |
$11,322.74 |
5% APR Car Loan Amortization Schedule |
||||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
|---|---|---|---|---|---|---|
| Jan, 2025 | 1 | $41.67 | $147.05 | $188.71 | $9,852.95 | |
| Feb, 2025 | 2 | $41.05 | $147.66 | $188.71 | $9,705.30 | |
| Mar, 2025 | 3 | $40.44 | $148.27 | $188.71 | $9,557.02 | |
| Apr, 2025 | 4 | $39.82 | $148.89 | $188.71 | $9,408.13 | |
| May, 2025 | 5 | $39.20 | $149.51 | $188.71 | $9,258.62 | |
| Jun, 2025 | 6 | $38.58 | $150.13 | $188.71 | $9,108.48 | |
| Jul, 2025 | 7 | $37.95 | $150.76 | $188.71 | $8,957.72 | |
| Aug, 2025 | 8 | $37.32 | $151.39 | $188.71 | $8,806.34 | |
| Sep, 2025 | 9 | $36.69 | $152.02 | $188.71 | $8,654.32 | |
| Oct, 2025 | 10 | $36.06 | $152.65 | $188.71 | $8,501.66 | |
| Nov, 2025 | 11 | $35.42 | $153.29 | $188.71 | $8,348.37 | |
| Dec, 2025 | 12 | $34.78 | $153.93 | $188.71 | $8,194.45 | |
| Jan, 2026 | 13 | $34.14 | $154.57 | $188.71 | $8,039.88 | |
| Feb, 2026 | 14 | $33.50 | $155.21 | $188.71 | $7,884.67 | |
| Mar, 2026 | 15 | $32.85 | $155.86 | $188.71 | $7,728.81 | |
| Apr, 2026 | 16 | $32.20 | $156.51 | $188.71 | $7,572.30 | |
| May, 2026 | 17 | $31.55 | $157.16 | $188.71 | $7,415.14 | |
| Jun, 2026 | 18 | $30.90 | $157.82 | $188.71 | $7,257.32 | |
| Jul, 2026 | 19 | $30.24 | $158.47 | $188.71 | $7,098.85 | |
| Aug, 2026 | 20 | $29.58 | $159.13 | $188.71 | $6,939.71 | |
| Sep, 2026 | 21 | $28.92 | $159.80 | $188.71 | $6,779.92 | |
| Oct, 2026 | 22 | $28.25 | $160.46 | $188.71 | $6,619.45 | |
| Nov, 2026 | 23 | $27.58 | $161.13 | $188.71 | $6,458.32 | |
| Dec, 2026 | 24 | $26.91 | $161.80 | $188.71 | $6,296.52 | |
| Jan, 2027 | 25 | $26.24 | $162.48 | $188.71 | $6,134.04 | |
| Feb, 2027 | 26 | $25.56 | $163.15 | $188.71 | $5,970.89 | |
| Mar, 2027 | 27 | $24.88 | $163.83 | $188.71 | $5,807.06 | |
| Apr, 2027 | 28 | $24.20 | $164.52 | $188.71 | $5,642.54 | |
| May, 2027 | 29 | $23.51 | $165.20 | $188.71 | $5,477.34 | |
| Jun, 2027 | 30 | $22.82 | $165.89 | $188.71 | $5,311.45 | |
| Jul, 2027 | 31 | $22.13 | $166.58 | $188.71 | $5,144.87 | |
| Aug, 2027 | 32 | $21.44 | $167.28 | $188.71 | $4,977.59 | |
| Sep, 2027 | 33 | $20.74 | $167.97 | $188.71 | $4,809.62 | |
| Oct, 2027 | 34 | $20.04 | $168.67 | $188.71 | $4,640.95 | |
| Nov, 2027 | 35 | $19.34 | $169.38 | $188.71 | $4,471.57 | |
| Dec, 2027 | 36 | $18.63 | $170.08 | $188.71 | $4,301.49 | |
| Jan, 2028 | 37 | $17.92 | $170.79 | $188.71 | $4,130.70 | |
| Feb, 2028 | 38 | $17.21 | $171.50 | $188.71 | $3,959.20 | |
| Mar, 2028 | 39 | $16.50 | $172.22 | $188.71 | $3,786.98 | |
| Apr, 2028 | 40 | $15.78 | $172.93 | $188.71 | $3,614.05 | |
| May, 2028 | 41 | $15.06 | $173.65 | $188.71 | $3,440.40 | |
| Jun, 2028 | 42 | $14.33 | $174.38 | $188.71 | $3,266.02 | |
| Jul, 2028 | 43 | $13.61 | $175.10 | $188.71 | $3,090.92 | |
| Aug, 2028 | 44 | $12.88 | $175.83 | $188.71 | $2,915.08 | |
| Sep, 2028 | 45 | $12.15 | $176.57 | $188.71 | $2,738.52 | |
| Oct, 2028 | 46 | $11.41 | $177.30 | $188.71 | $2,561.21 | |
| Nov, 2028 | 47 | $10.67 | $178.04 | $188.71 | $2,383.17 | |
| Dec, 2028 | 48 | $9.93 | $178.78 | $188.71 | $2,204.39 | |
| Jan, 2029 | 49 | $9.18 | $179.53 | $188.71 | $2,024.86 | |
| Feb, 2029 | 50 | $8.44 | $180.28 | $188.71 | $1,844.59 | |
| Mar, 2029 | 51 | $7.69 | $181.03 | $188.71 | $1,663.56 | |
| Apr, 2029 | 52 | $6.93 | $181.78 | $188.71 | $1,481.78 | |
| May, 2029 | 53 | $6.17 | $182.54 | $188.71 | $1,299.24 | |
| Jun, 2029 | 54 | $5.41 | $183.30 | $188.71 | $1,115.94 | |
| Jul, 2029 | 55 | $4.65 | $184.06 | $188.71 | $931.88 | |
| Aug, 2029 | 56 | $3.88 | $184.83 | $188.71 | $747.05 | |
| Sep, 2029 | 57 | $3.11 | $185.60 | $188.71 | $561.45 | |
| Oct, 2029 | 58 | $2.34 | $186.37 | $188.71 | $375.08 | |
| Nov, 2029 | 59 | $1.56 | $187.15 | $188.71 | $187.93 | |
| Dec, 2029 | 60 | $0.78 | $187.93 | $188.71 | $0.00 | |
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