$20,000 car payment by APR and term
| APR | 36 mo | 48 mo | 60 mo | 72 mo | 84 mo |
|---|---|---|---|---|---|
| 4% | $590 | $452 | $368 | $313 | $273 |
| 5% | $599 | $461 | $377 | $322 | $283 |
| 6% | $608 | $470 | $387 | $331 | $292 |
| 7% | $618 | $479 | $396 | $341 | $302 |
| 8% | $627 | $488 | $406 | $351 | $312 |
| 9% | $636 | $498 | $415 | $361 | $322 |
| 10% | $645 | $507 | $425 | $371 | $332 |
| 12% | $664 | $527 | $445 | $391 | $353 |
Total interest at 7% APR
| Term | Monthly payment | Total interest |
|---|---|---|
| 36 months | $617.54 | $2,232 |
| 48 months | $478.92 | $2,988 |
| 60 months | $396.02 | $3,761 |
| 72 months | $340.98 | $4,551 |
| 84 months | $301.85 | $5,356 |
Include tax, fees and trade-in
Frequently asked questions
What is the payment on a $20,000 car loan?
At 7% APR for 60 months, a $20,000 car loan is $396.02 a month, with $3,761 of total interest.
Is 72 or 60 months better for a $20,000 loan?
At 7% APR, 72 months lowers the payment to $340.98 but adds $789 of extra interest compared with 60 months.
Other loan amounts
$5,000 car loan$10,000 car loan$15,000 car loan$25,000 car loan$30,000 car loan$35,000 car loan$40,000 car loan
Estimates for general information only, not financial advice. See how we calculate.