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.

Chevrolet Traverse Payment & Amortization Calculator

Vehicle Price
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Trade-In or Down Payment
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Interest Rate
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Credit Score
Loan Period
Sales Tax Rate
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Model Year
Expected Annual Mileage
tip: Update the price if you change the model year.      reset this form
Projected Resale Value
Loan Balance Exceeds Resale Value
Loan Balance Near Resale Value
Loan Balance Below Resale Value

Refinancing an Auto Loan

Refinancing an auto loan means taking out a new loan to replace your current one, usually to get a lower interest rate or better terms. This can lower your monthly payments or save you money on interest over time. It's a good option if your credit score has improved or if interest rates have gone down, but it's important to make sure the benefits outweigh the costs. Use the form below to see the best rates available from reputable lenders instantly.

Chevrolet Traverse Projected Resale Value vs Loan Balance

Year Resale Value Loan Balance Difference
0 $32,900 $32,900 $0 (0%)
1 $31,194 $25,513 +$5,681 (18%)
2 $29,106 $17,594 +$11,512 (40%)
3 $26,427 $9,105 +$17,322 (66%)
4 $23,615 $0 +$23,615 (100%)

Chevrolet Traverse Monthly Payment

Loan Term 48 Months
APR 6.99%
Paid in Full Feb, 2029
$787.68
Total Principal $32,900
Total Interest $4,904
Total Cost of Loan $37,804
$787.68
Loan Term 48 Months
APR 6.99%
Paid in Full Feb, 2029
Total Principal $32,900
Total Interest $4,904
Total Cost of Loan $37,804

Chevrolet Traverse Loan Amortization

Month Interest Principal Balance
Mar, 2025 $191.64 $596.00 $32,304.00
Apr, 2025 $188.17 $600.00 $31,704.00
May, 2025 $184.68 $603.00 $31,101.00
Jun, 2025 $181.16 $607.00 $30,494.00
Jul, 2025 $177.63 $610.00 $29,884.00
Aug, 2025 $174.07 $614.00 $29,270.00

This Chevrolet Traverse is expected to lose $9,285 of its resale value during the 48 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:

Chevrolet Traverses For Sale

2020 Chevrolet Traverse High Country

Mileage: 64,146
Mileage: 64,146     Price: $28,700
Location: Sterling, VA ~ 3 miles away
Dealer: Stohlman Subaru Of Sterling
Days on Market: 195
Colors (ext/int): Mosaic Black Metallic / Jet Black

$28,700


2021 Chevrolet Traverse LS

Mileage: 34,905
Mileage: 34,905     Price: $24,950
Location: Sterling, VA ~ 4 miles away
Dealer: Easterns Automotive Group
Days on Market: 132
Colors (ext/int): Mosaic Black Metallic(Black) / Jet Black

$24,950


2021 Chevrolet Traverse LS

Mileage: 33,456
Mileage: 33,456     Price: $22,950
Location: Sterling, VA ~ 4 miles away
Dealer: Easterns Automotive Group
Days on Market: 38
Colors (ext/int): Silver Ice Metallic(Silver) / Jet Black

$22,950




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