Your inputs
01Vehicle
6% of price
02Loan terms
Auto
03Vehicle details
Tip: calculations refresh automatically as you edit any field. Adjust the interest rate if you have a real rate quote.
Payment Summary
Honda Passport Monthly Payment
Estimated monthly payment
$1,190.83
for 48 months at 8.99% APR
Where your money goesover 48 months
- Principal
- $47,862
- Interest
- $9,297
84% of every payment goes toward equity in the Passport; the rest is interest.
- Loan Term
- 48 mo
- Total Principal
- $47,862
- APR
- 8.99%
- Total Interest
- $9,297
- Paid in Full
- May 2030
- Total Cost of Loan
- $57,160
Resale vs. loan balance
Honda Passport Projected Resale Value vs Loan Balance
Share
| Year | Resale Value | Loan Balance | Difference |
|---|---|---|---|
| 0 | $47,535 | $47,862 | -$327 (-1%) |
| 1 | $47,535 | $37,453 | +$10,082 (21%) |
| 2 | $37,610 | $26,069 | +$11,541 (31%) |
| 3 | $34,121 | $13,618 | +$20,503 (60%) |
| 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%) |