$1,500 Car Loan Payment Calculator

What is the payment on a $2K car loan? - The monthly payment on a $1,500 car loan is $28.91 with 5 year term and 5.875% interest rate.

$2K Car Loan Payment
Car Loan
Loan Terms	years
Interest Rate

$1,500 Car Loan Monthly Payment
Car Loan:	$1,500.00
Monthly Payment:	$28.91
Total # Of Payments:	60
Start Date:	Apr, 2024
Payoff Date:	Mar, 2029
Total Interest Paid:	$234.73
Total Payment:	$1,734.73

Following is the amortization schedule for a $2K car loan.

$2K Car Loan Payment Amortization Schedule
Payment Date	Payment #	Interest Paid	Principal Paid	Total Payment	Remaining Balance
Apr, 2024	1	$7.34	$21.57	$28.91	$1,478.43
May, 2024	2	$7.24	$21.67	$28.91	$1,456.76
Jun, 2024	3	$7.13	$21.78	$28.91	$1,434.98
Jul, 2024	4	$7.03	$21.89	$28.91	$1,413.09
Aug, 2024	5	$6.92	$21.99	$28.91	$1,391.10
Sep, 2024	6	$6.81	$22.10	$28.91	$1,369.00
Oct, 2024	7	$6.70	$22.21	$28.91	$1,346.79
Nov, 2024	8	$6.59	$22.32	$28.91	$1,324.47
Dec, 2024	9	$6.48	$22.43	$28.91	$1,302.04
Jan, 2025	10	$6.37	$22.54	$28.91	$1,279.50
Feb, 2025	11	$6.26	$22.65	$28.91	$1,256.85
Mar, 2025	12	$6.15	$22.76	$28.91	$1,234.10
Apr, 2025	13	$6.04	$22.87	$28.91	$1,211.23
May, 2025	14	$5.93	$22.98	$28.91	$1,188.24
Jun, 2025	15	$5.82	$23.09	$28.91	$1,165.15
Jul, 2025	16	$5.70	$23.21	$28.91	$1,141.94
Aug, 2025	17	$5.59	$23.32	$28.91	$1,118.62
Sep, 2025	18	$5.48	$23.44	$28.91	$1,095.18
Oct, 2025	19	$5.36	$23.55	$28.91	$1,071.63
Nov, 2025	20	$5.25	$23.67	$28.91	$1,047.97
Dec, 2025	21	$5.13	$23.78	$28.91	$1,024.19
Jan, 2026	22	$5.01	$23.90	$28.91	$1,000.29
Feb, 2026	23	$4.90	$24.01	$28.91	$976.27
Mar, 2026	24	$4.78	$24.13	$28.91	$952.14
Apr, 2026	25	$4.66	$24.25	$28.91	$927.89
May, 2026	26	$4.54	$24.37	$28.91	$903.52
Jun, 2026	27	$4.42	$24.49	$28.91	$879.03
Jul, 2026	28	$4.30	$24.61	$28.91	$854.42
Aug, 2026	29	$4.18	$24.73	$28.91	$829.70
Sep, 2026	30	$4.06	$24.85	$28.91	$804.85
Oct, 2026	31	$3.94	$24.97	$28.91	$779.87
Nov, 2026	32	$3.82	$25.09	$28.91	$754.78
Dec, 2026	33	$3.70	$25.22	$28.91	$729.56
Jan, 2027	34	$3.57	$25.34	$28.91	$704.22
Feb, 2027	35	$3.45	$25.46	$28.91	$678.76
Mar, 2027	36	$3.32	$25.59	$28.91	$653.17
Apr, 2027	37	$3.20	$25.71	$28.91	$627.46
May, 2027	38	$3.07	$25.84	$28.91	$601.62
Jun, 2027	39	$2.95	$25.97	$28.91	$575.65
Jul, 2027	40	$2.82	$26.09	$28.91	$549.55
Aug, 2027	41	$2.69	$26.22	$28.91	$523.33
Sep, 2027	42	$2.56	$26.35	$28.91	$496.98
Oct, 2027	43	$2.43	$26.48	$28.91	$470.50
Nov, 2027	44	$2.30	$26.61	$28.91	$443.90
Dec, 2027	45	$2.17	$26.74	$28.91	$417.16
Jan, 2028	46	$2.04	$26.87	$28.91	$390.29
Feb, 2028	47	$1.91	$27.00	$28.91	$363.29
Mar, 2028	48	$1.78	$27.13	$28.91	$336.15
Apr, 2028	49	$1.65	$27.27	$28.91	$308.89
May, 2028	50	$1.51	$27.40	$28.91	$281.49
Jun, 2028	51	$1.38	$27.53	$28.91	$253.95
Jul, 2028	52	$1.24	$27.67	$28.91	$226.28
Aug, 2028	53	$1.11	$27.80	$28.91	$198.48
Sep, 2028	54	$0.97	$27.94	$28.91	$170.54
Oct, 2028	55	$0.83	$28.08	$28.91	$142.46
Nov, 2028	56	$0.70	$28.21	$28.91	$114.25
Dec, 2028	57	$0.56	$28.35	$28.91	$85.89
Jan, 2029	58	$0.42	$28.49	$28.91	$57.40
Feb, 2029	59	$0.28	$28.63	$28.91	$28.77
Mar, 2029	60	$0.14	$28.77	$28.91	$0.00

What is the monthly car payment on $1,500?

The monthly payment on a $1,500 car loan is around $21.91 to $45.63 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 $21.91 and the monthly payment for a 3 year term car loan with the same interest rate would be $45.63.

Loan Amount	Interest Rate	Terms	Monthly Payment
$1,500	4%	1 year	$127.72
$1,500	4.5%	1 year	$128.07
$1,500	5%	1 year	$128.41
$1,500	5.5%	1 year	$128.76
$1,500	6%	1 year	$129.10
$1,500	6.5%	1 year	$129.44
$1,500	7%	1 year	$129.79
$1,500	7.5%	1 year	$130.14
$1,500	8%	1 year	$130.48
$1,500	4%	2 years	$65.14
$1,500	4.5%	2 years	$65.47
$1,500	5%	2 years	$65.81
$1,500	5.5%	2 years	$66.14
$1,500	6%	2 years	$66.48
$1,500	6.5%	2 years	$66.82
$1,500	7%	2 years	$67.16
$1,500	7.5%	2 years	$67.50
$1,500	8%	2 years	$67.84
$1,500	4%	3 years	$44.29
$1,500	4.5%	3 years	$44.62
$1,500	5%	3 years	$44.96
$1,500	5.5%	3 years	$45.29
$1,500	6%	3 years	$45.63
$1,500	6.5%	3 years	$45.97
$1,500	7%	3 years	$46.32
$1,500	7.5%	3 years	$46.66
$1,500	8%	3 years	$47.00
$1,500	4%	4 years	$33.87
$1,500	4.5%	4 years	$34.21
$1,500	5%	4 years	$34.54
$1,500	5.5%	4 years	$34.88
$1,500	6%	4 years	$35.23
$1,500	6.5%	4 years	$35.57
$1,500	7%	4 years	$35.92
$1,500	7.5%	4 years	$36.27
$1,500	8%	4 years	$36.62
$1,500	4%	5 years	$27.62
$1,500	4.5%	5 years	$27.96
$1,500	5%	5 years	$28.31
$1,500	5.5%	5 years	$28.65
$1,500	6%	5 years	$29.00
$1,500	6.5%	5 years	$29.35
$1,500	7%	5 years	$29.70
$1,500	7.5%	5 years	$30.06
$1,500	8%	5 years	$30.41
$1,500	4%	6 years	$23.47
$1,500	4.5%	6 years	$23.81
$1,500	5%	6 years	$24.16
$1,500	5.5%	6 years	$24.51
$1,500	6%	6 years	$24.86
$1,500	6.5%	6 years	$25.21
$1,500	7%	6 years	$25.57
$1,500	7.5%	6 years	$25.94
$1,500	8%	6 years	$26.30
$1,500	4%	7 years	$20.50
$1,500	4.5%	7 years	$20.85
$1,500	5%	7 years	$21.20
$1,500	5.5%	7 years	$21.56
$1,500	6%	7 years	$21.91
$1,500	6.5%	7 years	$22.27
$1,500	7%	7 years	$22.64
$1,500	7.5%	7 years	$23.01
$1,500	8%	7 years	$23.38
$1,500	4%	8 years	$18.28
$1,500	4.5%	8 years	$18.63
$1,500	5%	8 years	$18.99
$1,500	5.5%	8 years	$19.35
$1,500	6%	8 years	$19.71
$1,500	6.5%	8 years	$20.08
$1,500	7%	8 years	$20.45
$1,500	7.5%	8 years	$20.83
$1,500	8%	8 years	$21.21

2000 car loan payment

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