Calculate a Vehicle Payment | Financial Calculators for IH Mississippi Valley Credit Union

Loan Information

Loan Amount

$ 24,500

Monthly Payment

$ 461.22

Year	Interest Paid	Principal Paid	Ending Balance
0	0	0	-24500.00
12	1101.82	4432.86	-20067.14
24	879.67	4655.01	-15412.13
36	646.38	4888.30	-10523.82
48	401.40	5133.28	-5390.54
60	144.14	5390.54	-0.00

Month	Starting Balance ($)	Payment Made ($)	Interest Paid ($)	Principal Paid ($)	Ending Balance ($)
1	24500.00	461.22	100.04	361.18	24138.82
2	24138.82	461.22	98.57	362.66	23776.16
3	23776.16	461.22	97.09	364.14	23412.02
4	23412.02	461.22	95.60	365.62	23046.40
5	23046.40	461.22	94.11	367.12	22679.28
6	22679.28	461.22	92.61	368.62	22310.67
7	22310.67	461.22	91.10	370.12	21940.54
8	21940.54	461.22	89.59	371.63	21568.91
9	21568.91	461.22	88.07	373.15	21195.76
10	21195.76	461.22	86.55	374.67	20821.09
11	20821.09	461.22	85.02	376.20	20444.88
12	20444.88	461.22	83.48	377.74	20067.14
13	20067.14	461.22	81.94	379.28	19687.86
14	19687.86	461.22	80.39	380.83	19307.03
15	19307.03	461.22	78.84	382.39	18924.64
16	18924.64	461.22	77.28	383.95	18540.69
17	18540.69	461.22	75.71	385.52	18155.18
18	18155.18	461.22	74.13	387.09	17768.09
19	17768.09	461.22	72.55	388.67	17379.42
20	17379.42	461.22	70.97	390.26	16989.16
21	16989.16	461.22	69.37	391.85	16597.31
22	16597.31	461.22	67.77	393.45	16203.86
23	16203.86	461.22	66.17	395.06	15808.80
24	15808.80	461.22	64.55	396.67	15412.13
25	15412.13	461.22	62.93	398.29	15013.84
26	15013.84	461.22	61.31	399.92	14613.92
27	14613.92	461.22	59.67	401.55	14212.37
28	14212.37	461.22	58.03	403.19	13809.18
29	13809.18	461.22	56.39	404.84	13404.34
30	13404.34	461.22	54.73	406.49	12997.85
31	12997.85	461.22	53.07	408.15	12589.70
32	12589.70	461.22	51.41	409.82	12179.89
33	12179.89	461.22	49.73	411.49	11768.40
34	11768.40	461.22	48.05	413.17	11355.23
35	11355.23	461.22	46.37	414.86	10940.37
36	10940.37	461.22	44.67	416.55	10523.82
37	10523.82	461.22	42.97	418.25	10105.57
38	10105.57	461.22	41.26	419.96	9685.61
39	9685.61	461.22	39.55	421.67	9263.94
40	9263.94	461.22	37.83	423.40	8840.54
41	8840.54	461.22	36.10	425.12	8415.42
42	8415.42	461.22	34.36	426.86	7988.56
43	7988.56	461.22	32.62	428.60	7559.95
44	7559.95	461.22	30.87	430.35	7129.60
45	7129.60	461.22	29.11	432.11	6697.49
46	6697.49	461.22	27.35	433.88	6263.61
47	6263.61	461.22	25.58	435.65	5827.97
48	5827.97	461.22	23.80	437.43	5390.54
49	5390.54	461.22	22.01	439.21	4951.33
50	4951.33	461.22	20.22	441.01	4510.32
51	4510.32	461.22	18.42	442.81	4067.52
52	4067.52	461.22	16.61	444.61	3622.90
53	3622.90	461.22	14.79	446.43	3176.47
54	3176.47	461.22	12.97	448.25	2728.22
55	2728.22	461.22	11.14	450.08	2278.14
56	2278.14	461.22	9.30	451.92	1826.21
57	1826.21	461.22	7.46	453.77	1372.45
58	1372.45	461.22	5.60	455.62	916.83
59	916.83	461.22	3.74	457.48	459.35
60	459.35	461.22	1.88	459.35	0.00

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Your monthly payment is based on the net purchase price of the vehicle, the loan term and the interest rate for the loan. The loan amount is based on the net purchase price of the vehicle (plus sales tax) or the vehicle price less any cash rebate, trade-in or down payment. If you have an outstanding balance on the vehicle you trade-in, that amount is added to the price of the vehicle you are purchasing.

Financial calculators are for educational purpose only, and are provided to assist you in estimating the approximate costs associated with any financial activity. Your actual costs may vary.