Honda HR-V Loan Calculator
Our Loan Calculator display shows you how your Honda HR-V 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 HR-V 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.
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Honda HR-V Projected Resale Value vs Loan Balance
| Year | Resale Value | Loan Balance | Difference |
|---|---|---|---|
| 0 | $30,058 | $24,046 | +$6,012 (20%) |
| 1 | $25,817 | $20,498 | +$5,319 (21%) |
| 2 | $25,249 | $16,777 | +$8,472 (34%) |
| 3 | $24,648 | $12,876 | +$11,772 (48%) |
| 4 | $24,046 | $8,785 | +$15,261 (63%) |
| 5 | $23,445 | $4,496 | +$18,949 (81%) |
| 6 | $23,355 | $0 | +$23,355 (100%) |
Honda HR-V Monthly Payment
| Loan Term | 72 Months |
| APR | 4.75% |
| Paid in Full | Nov, 2029 |
| Total Principal | $24,046 |
| Total Interest | $3,635 |
| Total Cost of Loan | $27,681 |
| Loan Term | 72 Months |
| APR | 4.75% |
| Paid in Full | Nov, 2029 |
| Total Principal | $24,046 |
| Total Interest | $3,635 |
| Total Cost of Loan | $27,681 |
Honda HR-V Loan Amortization
| Month | Interest | Principal | Balance |
|---|---|---|---|
| Dec, 2023 | $95.18 | $289.00 | $23,757.00 |
| Jan, 2024 | $94.04 | $290.00 | $23,467.00 |
| Feb, 2024 | $92.89 | $292.00 | $23,175.00 |
| Mar, 2024 | $91.73 | $293.00 | $22,882.00 |
| Apr, 2024 | $90.57 | $294.00 | $22,588.00 |
| May, 2024 | $89.41 | $295.00 | $22,293.00 |
This Honda HR-V is expected to lose $6,703 of its resale value during the 72 months of this loan. Check out our Honda HR-V Depreciation Calculator for a detailed analysis of the HR-V's past and expected future depreciation. This user-friendly tool allows you to interactively see how well the HR-V has, and will continue to, hold its value, during your specific ownership period. It will even suggest to you the best HR-V model years to buy to get the best value.
Other Honda HR-V Costs of Ownership
Finding a car or truck that saves on financing costs is important. But, it's also imperative to view all major Honda HR-V 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 Honda HR-Vs For Sale
2016 Honda HR-V EX-L
$17,384
2020 Honda HR-V Sport
$23,995
