$55,000 car loan payment

Monthly payment on $55,000 at 7% APR for 60 months
$1,089.07
Total interest: $10,344

Over 48 months the payment rises to $1,317.04 but saves interest; over 72 months it falls to $937.70 but costs more in total. Your actual rate depends on your credit score and whether the car is new or used.

$55,000 car payment by APR and term

APR36 mo48 mo60 mo72 mo84 mo
4%$1,624$1,242$1,013$860$752
5%$1,648$1,267$1,038$886$777
6%$1,673$1,292$1,063$912$803
7%$1,698$1,317$1,089$938$830
8%$1,724$1,343$1,115$964$857
9%$1,749$1,369$1,142$991$885
10%$1,775$1,395$1,169$1,019$913
12%$1,827$1,448$1,223$1,075$971

Total interest at 7% APR

TermMonthly paymentTotal interest
36 months$1,698.24$6,137
48 months$1,317.04$8,218
60 months$1,089.07$10,344
72 months$937.70$12,514
84 months$830.10$14,728

Include tax, fees and trade-in

Frequently asked questions

What is the payment on a $55,000 car loan?

At 7% APR for 60 months, a $55,000 car loan is $1,089.07 a month, with $10,344 of total interest.

Is 72 or 60 months better for a $55,000 loan?

At 7% APR, 72 months lowers the payment to $937.70 but adds $2,170 of extra interest compared with 60 months.

Other loan amounts

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Estimates for general information only, not financial advice. See how we calculate.