Monthly Payment on a $25,000 Car Loan
Financing a $25,000 car? At an 8% APR over five years, here is the monthly payment and the interest cost — useful for comparing dealer financing against a credit-union rate. Everything runs locally in your browser.
Monthly payment
$506.91
Total interest
$5,415
Total paid
$30,415
How the rate changes the payment
Even half a percentage point moves the monthly payment on a $25,000 car loan. At 5 years:
- 7% APR$495.03/mo
- 7.5% APR$500.95/mo
- 8% APR$506.91/mo
- 8.5% APR$512.91/mo
- 9% APR$518.96/mo
FAQ
What is the monthly payment on a $25,000 car loan at 8%?
It is $506.91 per month for principal and interest, assuming a fixed 8% APR over 5 years (60 payments). Across the full term you would pay about $5,415 in interest on top of the $25,000 borrowed — roughly $30,415 in total.
How is the monthly payment calculated?
It uses the standard amortisation formula: M = P·r / (1 − (1 + r)⁻ⁿ), where P is the amount borrowed, r is the monthly rate (annual rate ÷ 12) and n is the number of months. Every payment is the same, but early payments are mostly interest and later ones mostly principal.
Does this include fees and insurance?
No. The figure is principal and interest only. A real car loan may add fees, taxes and insurance, so your actual monthly cost can be higher.
Want an amortisation schedule and a payoff chart? Use the full Loan Calculator. Paying down debt? See snowball vs. avalanche.