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Honda Civic Monthly Payment
Estimated monthly payment
$450.39
for 72 months at 6.99% APR
- Principal
- $26,425
- Interest
- $6,003
81% of every payment goes toward equity in the Civic; the rest is interest.
- Loan Term
- 72 mo
- Total Principal
- $26,425
- APR
- 6.99%
- Total Interest
- $6,003
- Paid in Full
- May 2032
- Total Cost of Loan
- $32,428
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 | $22,751 | +$4,749 (17%) |
| 2 | $23,238 | $18,812 | +$4,426 (19%) |
| 3 | $22,451 | $14,589 | +$7,862 (35%) |
| 4 | $22,149 | $10,061 | +$12,088 (55%) |
| 5 | $19,940 | $5,206 | +$14,734 (74%) |
| 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%) |