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Hyundai IONIQ 5 Monthly Payment
Estimated monthly payment
$1,156.02
for 60 months at 8.99% APR
- Principal
- $55,702
- Interest
- $13,659
80% of every payment goes toward equity in the IONIQ 5; the rest is interest.
- Loan Term
- 60 mo
- Total Principal
- $55,702
- APR
- 8.99%
- Total Interest
- $13,659
- Paid in Full
- May 2031
- Total Cost of Loan
- $69,361
Hyundai IONIQ 5 Projected Resale Value vs Loan Balance
| Year | Resale Value | Loan Balance | Difference |
|---|---|---|---|
| 0 | $54,862 | $55,702 | -$840 (-2%) |
| 1 | $54,862 | $46,463 | +$8,399 (15%) |
| 2 | $29,933 | $36,358 | -$6,425 (-21%) |
| 3 | $29,104 | $25,307 | +$3,797 (13%) |
| 4 | $25,769 | $13,220 | +$12,549 (49%) |
| 5 | $23,838 | $0 | +$23,838 (100%) |
| 6 | $22,049 | $0 | +$22,049 (100%) |
| 7 | $20,398 | $0 | +$20,398 (100%) |
| 8 | $18,867 | $0 | +$18,867 (100%) |
| 9 | $17,452 | $0 | +$17,452 (100%) |
| 10 | $16,140 | $0 | +$16,140 (100%) |