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Honda Passport Monthly Payment
Estimated monthly payment
$1,265.47
for 48 months at 8.99% APR
- Principal
- $50,862
- Interest
- $9,880
84% of every payment goes toward equity in the Passport; the rest is interest.
- Loan Term
- 48 mo
- Total Principal
- $50,862
- APR
- 8.99%
- Total Interest
- $9,880
- Paid in Full
- May 2030
- Total Cost of Loan
- $60,743
Honda Passport Projected Resale Value vs Loan Balance
| Year | Resale Value | Loan Balance | Difference |
|---|---|---|---|
| 0 | $47,535 | $50,862 | -$3,327 (-7%) |
| 1 | $47,535 | $39,801 | +$7,734 (16%) |
| 2 | $37,610 | $27,703 | +$9,907 (26%) |
| 3 | $34,121 | $14,471 | +$19,650 (58%) |
| 4 | $33,294 | $0 | +$33,294 (100%) |
| 5 | $28,635 | $0 | +$28,635 (100%) |
| 6 | $26,120 | $0 | +$26,120 (100%) |
| 7 | $25,369 | $0 | +$25,369 (100%) |
| 8 | $23,468 | $0 | +$23,468 (100%) |
| 9 | $21,709 | $0 | +$21,709 (100%) |
| 10 | $20,079 | $0 | +$20,079 (100%) |