KIA Optima Loan Calculator
Our Loan Calculator display shows you how your KIA Optima loan balance compares to the ongoing value of your vehicle. With financing, each monthly payment will reduce the balance of your loan. Unfortunately, during this same period, your vehicle's resale value will decline as well. The purpose of this tool is to show you how you can finance your Optima to ensure that your loan balance declines faster than the value of your vehicle.
With your results below, the goal is to have the shaded area be entirely green. This likely means that the value of your vehicle will always be greater than your loan balance. If you see yellow or red, your loan balance at some point will be at or above the value of your vehicle. You want to avoid this as we describe here. For the best financial outcome, adjust your loan terms, or choose a vehicle that doesn't depreciate as rapidly.
Refinancing an Auto Loan
Refinancing an auto loan means taking out a new loan to replace your current one, usually to get a lower interest rate or better terms. This can lower your monthly payments or save you money on interest over time. It's a good option if your credit score has improved or if interest rates have gone down, but it's important to make sure the benefits outweigh the costs. Use the form below to see the best rates available from reputable lenders instantly.
KIA Optima Projected Resale Value vs Loan Balance
| Year | Resale Value | Loan Balance | Difference |
|---|---|---|---|
| 0 | $32,694 | $26,155 | +$6,539 (20%) |
| 1 | $27,960 | $22,519 | +$5,441 (19%) |
| 2 | $25,864 | $18,620 | +$7,244 (28%) |
| 3 | $23,925 | $14,443 | +$9,482 (40%) |
| 4 | $21,137 | $9,961 | +$11,176 (53%) |
| 5 | $19,907 | $5,155 | +$14,752 (74%) |
| 6 | $18,413 | $0 | +$18,413 (100%) |
KIA Optima Monthly Payment
| Loan Term | 72 Months |
| APR | 6.99% |
| Paid in Full | Jan, 2031 |
| Total Principal | $26,155 |
| Total Interest | $5,943 |
| Total Cost of Loan | $32,098 |
| Loan Term | 72 Months |
| APR | 6.99% |
| Paid in Full | Jan, 2031 |
| Total Principal | $26,155 |
| Total Interest | $5,943 |
| Total Cost of Loan | $32,098 |
KIA Optima Loan Amortization
| Month | Interest | Principal | Balance |
|---|---|---|---|
| Feb, 2025 | $152.35 | $293.00 | $25,862.00 |
| Mar, 2025 | $150.65 | $295.00 | $25,567.00 |
| Apr, 2025 | $148.93 | $297.00 | $25,270.00 |
| May, 2025 | $147.20 | $299.00 | $24,971.00 |
| Jun, 2025 | $145.46 | $300.00 | $24,671.00 |
| Jul, 2025 | $143.71 | $302.00 | $24,369.00 |
This KIA Optima is expected to lose $14,281 of its resale value during the 72 months of this loan. Check out our KIA Optima Depreciation Calculator for a detailed analysis of the Optima's past and expected future depreciation. This user-friendly tool allows you to interactively see how well the Optima has, and will continue to, hold its value, during your specific ownership period. It will even suggest to you the best Optima model years to buy to get the best value.
Other KIA Optima Costs of Ownership
Finding a car or truck that saves on financing costs is important. But, it's also imperative to view all major KIA Optima costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses:
KIA Optimas For Sale
2015 Kia Optima LX
$7,958
2019 Kia Optima LX
$12,950
2020 Kia Optima EX
$18,850
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