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What is the payment on a $1K car loan? - The monthly payment on a $1,000 car loan is $19.27 with 5 year term and 5.875% interest rate.
$1,000 Car Loan Monthly Payment |
|
Car Loan: |
$1,000.00 |
Monthly Payment: |
$19.27 |
Total # Of Payments: |
60 |
Start Date: |
Dec, 2024 |
Payoff Date: |
Nov, 2029 |
Total Interest Paid: |
$156.48 |
Total Payment: |
$1,156.48 |
Following is the amortization schedule for a $1K car loan.
$1K Car Loan Payment Amortization Schedule |
||||||
Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance | |
---|---|---|---|---|---|---|
Dec, 2024 | 1 | $4.90 | $14.38 | $19.27 | $985.62 | |
Jan, 2025 | 2 | $4.83 | $14.45 | $19.27 | $971.17 | |
Feb, 2025 | 3 | $4.75 | $14.52 | $19.27 | $956.65 | |
Mar, 2025 | 4 | $4.68 | $14.59 | $19.27 | $942.06 | |
Apr, 2025 | 5 | $4.61 | $14.66 | $19.27 | $927.40 | |
May, 2025 | 6 | $4.54 | $14.73 | $19.27 | $912.66 | |
Jun, 2025 | 7 | $4.47 | $14.81 | $19.27 | $897.86 | |
Jul, 2025 | 8 | $4.40 | $14.88 | $19.27 | $882.98 | |
Aug, 2025 | 9 | $4.32 | $14.95 | $19.27 | $868.03 | |
Sep, 2025 | 10 | $4.25 | $15.03 | $19.27 | $853.00 | |
Oct, 2025 | 11 | $4.18 | $15.10 | $19.27 | $837.90 | |
Nov, 2025 | 12 | $4.10 | $15.17 | $19.27 | $822.73 | |
Dec, 2025 | 13 | $4.03 | $15.25 | $19.27 | $807.48 | |
Jan, 2026 | 14 | $3.95 | $15.32 | $19.27 | $792.16 | |
Feb, 2026 | 15 | $3.88 | $15.40 | $19.27 | $776.77 | |
Mar, 2026 | 16 | $3.80 | $15.47 | $19.27 | $761.29 | |
Apr, 2026 | 17 | $3.73 | $15.55 | $19.27 | $745.75 | |
May, 2026 | 18 | $3.65 | $15.62 | $19.27 | $730.12 | |
Jun, 2026 | 19 | $3.57 | $15.70 | $19.27 | $714.42 | |
Jul, 2026 | 20 | $3.50 | $15.78 | $19.27 | $698.65 | |
Aug, 2026 | 21 | $3.42 | $15.85 | $19.27 | $682.79 | |
Sep, 2026 | 22 | $3.34 | $15.93 | $19.27 | $666.86 | |
Oct, 2026 | 23 | $3.26 | $16.01 | $19.27 | $650.85 | |
Nov, 2026 | 24 | $3.19 | $16.09 | $19.27 | $634.76 | |
Dec, 2026 | 25 | $3.11 | $16.17 | $19.27 | $618.59 | |
Jan, 2027 | 26 | $3.03 | $16.25 | $19.27 | $602.35 | |
Feb, 2027 | 27 | $2.95 | $16.33 | $19.27 | $586.02 | |
Mar, 2027 | 28 | $2.87 | $16.41 | $19.27 | $569.62 | |
Apr, 2027 | 29 | $2.79 | $16.49 | $19.27 | $553.13 | |
May, 2027 | 30 | $2.71 | $16.57 | $19.27 | $536.56 | |
Jun, 2027 | 31 | $2.63 | $16.65 | $19.27 | $519.92 | |
Jul, 2027 | 32 | $2.55 | $16.73 | $19.27 | $503.19 | |
Aug, 2027 | 33 | $2.46 | $16.81 | $19.27 | $486.38 | |
Sep, 2027 | 34 | $2.38 | $16.89 | $19.27 | $469.48 | |
Oct, 2027 | 35 | $2.30 | $16.98 | $19.27 | $452.51 | |
Nov, 2027 | 36 | $2.22 | $17.06 | $19.27 | $435.45 | |
Dec, 2027 | 37 | $2.13 | $17.14 | $19.27 | $418.30 | |
Jan, 2028 | 38 | $2.05 | $17.23 | $19.27 | $401.08 | |
Feb, 2028 | 39 | $1.96 | $17.31 | $19.27 | $383.77 | |
Mar, 2028 | 40 | $1.88 | $17.40 | $19.27 | $366.37 | |
Apr, 2028 | 41 | $1.79 | $17.48 | $19.27 | $348.89 | |
May, 2028 | 42 | $1.71 | $17.57 | $19.27 | $331.32 | |
Jun, 2028 | 43 | $1.62 | $17.65 | $19.27 | $313.67 | |
Jul, 2028 | 44 | $1.54 | $17.74 | $19.27 | $295.93 | |
Aug, 2028 | 45 | $1.45 | $17.83 | $19.27 | $278.10 | |
Sep, 2028 | 46 | $1.36 | $17.91 | $19.27 | $260.19 | |
Oct, 2028 | 47 | $1.27 | $18.00 | $19.27 | $242.19 | |
Nov, 2028 | 48 | $1.19 | $18.09 | $19.27 | $224.10 | |
Dec, 2028 | 49 | $1.10 | $18.18 | $19.27 | $205.92 | |
Jan, 2029 | 50 | $1.01 | $18.27 | $19.27 | $187.66 | |
Feb, 2029 | 51 | $0.92 | $18.36 | $19.27 | $169.30 | |
Mar, 2029 | 52 | $0.83 | $18.45 | $19.27 | $150.86 | |
Apr, 2029 | 53 | $0.74 | $18.54 | $19.27 | $132.32 | |
May, 2029 | 54 | $0.65 | $18.63 | $19.27 | $113.69 | |
Jun, 2029 | 55 | $0.56 | $18.72 | $19.27 | $94.97 | |
Jul, 2029 | 56 | $0.46 | $18.81 | $19.27 | $76.16 | |
Aug, 2029 | 57 | $0.37 | $18.90 | $19.27 | $57.26 | |
Sep, 2029 | 58 | $0.28 | $18.99 | $19.27 | $38.27 | |
Oct, 2029 | 59 | $0.19 | $19.09 | $19.27 | $19.18 | |
Nov, 2029 | 60 | $0.09 | $19.18 | $19.27 | $0.00 |
The monthly payment on a $1,000 car loan is around $14.61 to $30.42 with interest rate of 6%. The monthly payment for auto loans varies depending on the interest rate and the car loan payoff years. For example, the monthly payment for a 7 year term car loan with a 6% interest rate is $14.61 and the monthly payment for a 3 year term car loan with the same interest rate would be $30.42.
Loan Amount | Interest Rate | Terms | Monthly Payment |
---|---|---|---|
$1,000 | 4% | 1 year | $85.15 |
$1,000 | 4.5% | 1 year | $85.38 |
$1,000 | 5% | 1 year | $85.61 |
$1,000 | 5.5% | 1 year | $85.84 |
$1,000 | 6% | 1 year | $86.07 |
$1,000 | 6.5% | 1 year | $86.30 |
$1,000 | 7% | 1 year | $86.53 |
$1,000 | 7.5% | 1 year | $86.76 |
$1,000 | 8% | 1 year | $86.99 |
$1,000 | 4% | 2 years | $43.42 |
$1,000 | 4.5% | 2 years | $43.65 |
$1,000 | 5% | 2 years | $43.87 |
$1,000 | 5.5% | 2 years | $44.10 |
$1,000 | 6% | 2 years | $44.32 |
$1,000 | 6.5% | 2 years | $44.55 |
$1,000 | 7% | 2 years | $44.77 |
$1,000 | 7.5% | 2 years | $45.00 |
$1,000 | 8% | 2 years | $45.23 |
$1,000 | 4% | 3 years | $29.52 |
$1,000 | 4.5% | 3 years | $29.75 |
$1,000 | 5% | 3 years | $29.97 |
$1,000 | 5.5% | 3 years | $30.20 |
$1,000 | 6% | 3 years | $30.42 |
$1,000 | 6.5% | 3 years | $30.65 |
$1,000 | 7% | 3 years | $30.88 |
$1,000 | 7.5% | 3 years | $31.11 |
$1,000 | 8% | 3 years | $31.34 |
$1,000 | 4% | 4 years | $22.58 |
$1,000 | 4.5% | 4 years | $22.80 |
$1,000 | 5% | 4 years | $23.03 |
$1,000 | 5.5% | 4 years | $23.26 |
$1,000 | 6% | 4 years | $23.49 |
$1,000 | 6.5% | 4 years | $23.71 |
$1,000 | 7% | 4 years | $23.95 |
$1,000 | 7.5% | 4 years | $24.18 |
$1,000 | 8% | 4 years | $24.41 |
$1,000 | 4% | 5 years | $18.42 |
$1,000 | 4.5% | 5 years | $18.64 |
$1,000 | 5% | 5 years | $18.87 |
$1,000 | 5.5% | 5 years | $19.10 |
$1,000 | 6% | 5 years | $19.33 |
$1,000 | 6.5% | 5 years | $19.57 |
$1,000 | 7% | 5 years | $19.80 |
$1,000 | 7.5% | 5 years | $20.04 |
$1,000 | 8% | 5 years | $20.28 |
$1,000 | 4% | 6 years | $15.65 |
$1,000 | 4.5% | 6 years | $15.87 |
$1,000 | 5% | 6 years | $16.10 |
$1,000 | 5.5% | 6 years | $16.34 |
$1,000 | 6% | 6 years | $16.57 |
$1,000 | 6.5% | 6 years | $16.81 |
$1,000 | 7% | 6 years | $17.05 |
$1,000 | 7.5% | 6 years | $17.29 |
$1,000 | 8% | 6 years | $17.53 |
$1,000 | 4% | 7 years | $13.67 |
$1,000 | 4.5% | 7 years | $13.90 |
$1,000 | 5% | 7 years | $14.13 |
$1,000 | 5.5% | 7 years | $14.37 |
$1,000 | 6% | 7 years | $14.61 |
$1,000 | 6.5% | 7 years | $14.85 |
$1,000 | 7% | 7 years | $15.09 |
$1,000 | 7.5% | 7 years | $15.34 |
$1,000 | 8% | 7 years | $15.59 |
$1,000 | 4% | 8 years | $12.19 |
$1,000 | 4.5% | 8 years | $12.42 |
$1,000 | 5% | 8 years | $12.66 |
$1,000 | 5.5% | 8 years | $12.90 |
$1,000 | 6% | 8 years | $13.14 |
$1,000 | 6.5% | 8 years | $13.39 |
$1,000 | 7% | 8 years | $13.63 |
$1,000 | 7.5% | 8 years | $13.88 |
$1,000 | 8% | 8 years | $14.14 |
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