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Honda Civic Monthly Payment
Estimated monthly payment
$657.46
for 48 months at 8.99% APR
- Principal
- $26,425
- Interest
- $5,133
84% of every payment goes toward equity in the Civic; the rest is interest.
- Loan Term
- 48 mo
- Total Principal
- $26,425
- APR
- 8.99%
- Total Interest
- $5,133
- Paid in Full
- May 2030
- Total Cost of Loan
- $31,558
Honda Civic Projected Resale Value vs Loan Balance
| Year | Resale Value | Loan Balance | Difference |
|---|---|---|---|
| 0 | $27,500 | $26,425 | +$1,075 (4%) |
| 1 | $27,500 | $20,678 | +$6,822 (25%) |
| 2 | $23,238 | $14,393 | +$8,845 (38%) |
| 3 | $22,451 | $7,518 | +$14,933 (67%) |
| 4 | $22,149 | $0 | +$22,149 (100%) |
| 5 | $19,940 | $0 | +$19,940 (100%) |
| 6 | $19,528 | $0 | +$19,528 (100%) |
| 7 | $19,115 | $0 | +$19,115 (100%) |
| 8 | $18,455 | $0 | +$18,455 (100%) |
| 9 | $16,258 | $0 | +$16,258 (100%) |
| 10 | $15,845 | $0 | +$15,845 (100%) |