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
$947.51
for 60 months at 6.99% APR
Where your money goesover 60 months
- Principal
- $47,862
- Interest
- $8,988
84% of every payment goes toward equity in the Passport; the rest is interest.
- Loan Term
- 60 mo
- Total Principal
- $47,862
- APR
- 6.99%
- Total Interest
- $8,988
- Paid in Full
- May 2031
- Total Cost of Loan
- $56,850
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 | $39,576 | +$7,959 (17%) |
| 2 | $37,610 | $30,691 | +$6,919 (18%) |
| 3 | $34,121 | $21,165 | +$12,956 (38%) |
| 4 | $33,294 | $10,951 | +$22,343 (67%) |
| 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%) |