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Chevrolet Traverse Loan Calculator

Our Loan Calculator display shows you how your Chevrolet Traverse loan balance compares to the ongoing value of your vehicle. With financing, each monthly payment will reduce the balance of your loan. Unfortunately, during this same period, your vehicle's resale value will decline as well. The purpose of this tool is to show you how you can finance your Traverse to ensure that your loan balance declines faster than the value of your vehicle.

With your results below, the goal is to have the shaded area be entirely green. This likely means that the value of your vehicle will always be greater than your loan balance. If you see yellow or red, your loan balance at some point will be at or above the value of your vehicle. You want to avoid this as we describe here. For the best financial outcome, adjust your loan terms, or choose a vehicle that doesn't depreciate as rapidly. We've also created a video that explains these scenarios and demonstrates the loan calculator.

Chevrolet Traverse Loan Calculator

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Interest Rate
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Model Year
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Projected Resale Value
Loan Balance Exceeds Resale Value
Loan Balance Near Resale Value
Loan Balance Below Resale Value

Chevrolet Traverse Projected Resale Value vs Loan Balance

Year Resale Value Loan Balance Difference
0 $43,308 $34,646 +$8,662 (20%)
1 $42,966 $29,534 +$13,432 (31%)
2 $40,376 $24,173 +$16,203 (40%)
3 $38,107 $18,552 +$19,555 (51%)
4 $35,578 $12,659 +$22,919 (64%)
5 $26,457 $6,479 +$19,978 (76%)
6 $22,447 $0 +$22,447 (100%)

Chevrolet Traverse Monthly Payment

Loan Term 72 Months
APR 4.75%
Paid in Full May, 2030
$553.96
Total Principal $34,646
Total Interest $5,237
Total Cost of Loan $39,883
$553.96
Loan Term 72 Months
APR 4.75%
Paid in Full May, 2030
Total Principal $34,646
Total Interest $5,237
Total Cost of Loan $39,883

Chevrolet Traverse Loan Amortization

Month Interest Principal Balance
Jun, 2024 $137.14 $417.00 $34,229.00
Jul, 2024 $135.49 $418.00 $33,811.00
Aug, 2024 $133.84 $420.00 $33,391.00
Sep, 2024 $132.17 $422.00 $32,969.00
Oct, 2024 $130.50 $423.00 $32,546.00
Nov, 2024 $128.83 $425.00 $32,121.00

This Chevrolet Traverse is expected to lose $20,861 of its resale value during the 72 months of this loan. Check out our Chevrolet Traverse Depreciation Calculator for a detailed analysis of the Traverse's past and expected future depreciation. This user-friendly tool allows you to interactively see how well the Traverse has, and will continue to, hold its value, during your specific ownership period. It will even suggest to you the best Traverse model years to buy to get the best value.

Other Chevrolet Traverse Costs of Ownership


Finding a car or truck that saves on financing costs is important. But, it's also imperative to view all major Chevrolet Traverse costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses:

Used Chevrolet Traverses For Sale

2021 Chevrolet Traverse 1LT

2021 Chevrolet Traverse 1LT

Mileage: 24,979
Mileage: 24,979     Price: $27,288
Location: Babylon, NY ~ 2 miles away
Dealer: Arnold Chevrolet Buick
Days on Market: 120
Colors (ext/int): Mosaic Black Metallic / Jet Black

$27,288


2021 Chevrolet Traverse RS

2021 Chevrolet Traverse RS

Mileage: 21,971
Mileage: 21,971     Price: $32,895
Location: Babylon, NY ~ 2 miles away
Dealer: Arnold Chevrolet Buick
Days on Market: 179
Colors (ext/int): Summit White / Jet Black

$32,895


2021 Chevrolet Traverse 3LT

2021 Chevrolet Traverse 3LT

Mileage: 44,809
Mileage: 44,809     Price: $27,899
Location: Babylon, NY ~ 2 miles away
Dealer: Arnold Chevrolet Buick
Days on Market: 190
Colors (ext/int): Mosaic Black Metallic / Jet Black

$27,899