5% APR Car Loan


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.

5% Car Loan Calculator

Car Loan
Loan Terms
years
Interest Rate

Monthly Payment For 5% Car Loan

Car Loan:
$10,000.00
Monthly Payment:
$188.71
Total # Of Payments:
60
Start Date:
May, 2024
Payoff Date:
Apr, 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
May, 2024 1 $41.67 $147.05 $188.71 $9,852.95
Jun, 2024 2 $41.05 $147.66 $188.71 $9,705.30
Jul, 2024 3 $40.44 $148.27 $188.71 $9,557.02
Aug, 2024 4 $39.82 $148.89 $188.71 $9,408.13
Sep, 2024 5 $39.20 $149.51 $188.71 $9,258.62
Oct, 2024 6 $38.58 $150.13 $188.71 $9,108.48
Nov, 2024 7 $37.95 $150.76 $188.71 $8,957.72
Dec, 2024 8 $37.32 $151.39 $188.71 $8,806.34
Jan, 2025 9 $36.69 $152.02 $188.71 $8,654.32
Feb, 2025 10 $36.06 $152.65 $188.71 $8,501.66
Mar, 2025 11 $35.42 $153.29 $188.71 $8,348.37
Apr, 2025 12 $34.78 $153.93 $188.71 $8,194.45
May, 2025 13 $34.14 $154.57 $188.71 $8,039.88
Jun, 2025 14 $33.50 $155.21 $188.71 $7,884.67
Jul, 2025 15 $32.85 $155.86 $188.71 $7,728.81
Aug, 2025 16 $32.20 $156.51 $188.71 $7,572.30
Sep, 2025 17 $31.55 $157.16 $188.71 $7,415.14
Oct, 2025 18 $30.90 $157.82 $188.71 $7,257.32
Nov, 2025 19 $30.24 $158.47 $188.71 $7,098.85
Dec, 2025 20 $29.58 $159.13 $188.71 $6,939.71
Jan, 2026 21 $28.92 $159.80 $188.71 $6,779.92
Feb, 2026 22 $28.25 $160.46 $188.71 $6,619.45
Mar, 2026 23 $27.58 $161.13 $188.71 $6,458.32
Apr, 2026 24 $26.91 $161.80 $188.71 $6,296.52
May, 2026 25 $26.24 $162.48 $188.71 $6,134.04
Jun, 2026 26 $25.56 $163.15 $188.71 $5,970.89
Jul, 2026 27 $24.88 $163.83 $188.71 $5,807.06
Aug, 2026 28 $24.20 $164.52 $188.71 $5,642.54
Sep, 2026 29 $23.51 $165.20 $188.71 $5,477.34
Oct, 2026 30 $22.82 $165.89 $188.71 $5,311.45
Nov, 2026 31 $22.13 $166.58 $188.71 $5,144.87
Dec, 2026 32 $21.44 $167.28 $188.71 $4,977.59
Jan, 2027 33 $20.74 $167.97 $188.71 $4,809.62
Feb, 2027 34 $20.04 $168.67 $188.71 $4,640.95
Mar, 2027 35 $19.34 $169.38 $188.71 $4,471.57
Apr, 2027 36 $18.63 $170.08 $188.71 $4,301.49
May, 2027 37 $17.92 $170.79 $188.71 $4,130.70
Jun, 2027 38 $17.21 $171.50 $188.71 $3,959.20
Jul, 2027 39 $16.50 $172.22 $188.71 $3,786.98
Aug, 2027 40 $15.78 $172.93 $188.71 $3,614.05
Sep, 2027 41 $15.06 $173.65 $188.71 $3,440.40
Oct, 2027 42 $14.33 $174.38 $188.71 $3,266.02
Nov, 2027 43 $13.61 $175.10 $188.71 $3,090.92
Dec, 2027 44 $12.88 $175.83 $188.71 $2,915.08
Jan, 2028 45 $12.15 $176.57 $188.71 $2,738.52
Feb, 2028 46 $11.41 $177.30 $188.71 $2,561.21
Mar, 2028 47 $10.67 $178.04 $188.71 $2,383.17
Apr, 2028 48 $9.93 $178.78 $188.71 $2,204.39
May, 2028 49 $9.18 $179.53 $188.71 $2,024.86
Jun, 2028 50 $8.44 $180.28 $188.71 $1,844.59
Jul, 2028 51 $7.69 $181.03 $188.71 $1,663.56
Aug, 2028 52 $6.93 $181.78 $188.71 $1,481.78
Sep, 2028 53 $6.17 $182.54 $188.71 $1,299.24
Oct, 2028 54 $5.41 $183.30 $188.71 $1,115.94
Nov, 2028 55 $4.65 $184.06 $188.71 $931.88
Dec, 2028 56 $3.88 $184.83 $188.71 $747.05
Jan, 2029 57 $3.11 $185.60 $188.71 $561.45
Feb, 2029 58 $2.34 $186.37 $188.71 $375.08
Mar, 2029 59 $1.56 $187.15 $188.71 $187.93
Apr, 2029 60 $0.78 $187.93 $188.71 $0.00
5.01 apr car loan

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