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
Hyundai IONIQ 6 Monthly Payment
Estimated monthly payment
$1,046.23
for 60 months at 8.99% APR
Where your money goesover 60 months
- Principal
- $50,412
- Interest
- $12,362
80% of every payment goes toward equity in the IONIQ 6; the rest is interest.
- Loan Term
- 60 mo
- Total Principal
- $50,412
- APR
- 8.99%
- Total Interest
- $12,362
- Paid in Full
- May 2031
- Total Cost of Loan
- $62,774
Resale vs. loan balance
Hyundai IONIQ 6 Projected Resale Value vs Loan Balance
Share
| Year | Resale Value | Loan Balance | Difference |
|---|---|---|---|
| 0 | $49,918 | $50,412 | -$494 (-1%) |
| 1 | $49,918 | $42,051 | +$7,867 (16%) |
| 2 | $27,585 | $32,905 | -$5,320 (-19%) |
| 3 | $26,636 | $22,903 | +$3,733 (14%) |
| 4 | $24,640 | $11,964 | +$12,676 (51%) |
| 5 | $22,793 | $0 | +$22,793 (100%) |
| 6 | $21,085 | $0 | +$21,085 (100%) |
| 7 | $19,503 | $0 | +$19,503 (100%) |
| 8 | $18,040 | $0 | +$18,040 (100%) |
| 9 | $16,688 | $0 | +$16,688 (100%) |
| 10 | $15,435 | $0 | +$15,435 (100%) |