KIA Rio 5 Loan Calculator

Our Loan Calculator display shows you how your KIA Rio 5 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 Rio 5 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. We've also created a video that explains these scenarios and demonstrates the loan calculator.

KIA Rio 5 Loan Calculator

Vehicle Price
$
Trade-In / Down Payment
$
Interest Rate
%
Credit Score
Loan Period
Sales Tax Rate
%
Model Year
Expected Annual Mileage
tip: Update the price if you change the model year.      reset this form
Projected Resale Value
Loan Balance Exceeds Resale Value
Loan Balance Near Resale Value
Loan Balance Below Resale Value

KIA Rio 5 Projected Resale Value vs Loan Balance

Year Resale Value Loan Balance Difference
0 $16,948 $16,948 $0 (0%)
1 $14,925 $11,565 +$3,360 (23%)
2 $13,043 $5,920 +$7,123 (55%)
3 $12,203 $0 +$12,203 (100%)

KIA Rio 5 Monthly Payment

Loan Term 36 Months
APR 4.75%
Paid in Full Jun, 2024
$506.05
Total Principal $16,948
Total Interest $1,270
Total Cost of Loan $18,218
$506.05
Loan Term 36 Months
APR 4.75%
Paid in Full Jun, 2024
Total Principal $16,948
Total Interest $1,270
Total Cost of Loan $18,218

KIA Rio 5 Loan Amortization

Month Interest Principal Balance
Jul, 2021 $67.09 $439.00 $16,509.00
Aug, 2021 $65.35 $441.00 $16,068.00
Sep, 2021 $63.60 $442.00 $15,626.00
Oct, 2021 $61.85 $444.00 $15,182.00
Nov, 2021 $60.10 $446.00 $14,736.00
Dec, 2021 $58.33 $448.00 $14,288.00

This KIA Rio 5 is expected to lose $4,745 of its resale value during the 36 months of this loan. Check out our KIA Rio 5 Depreciation Calculator for a detailed analysis of the Rio 5's past and expected future depreciation. This user-friendly tool allows you to interactively see how well the Rio 5 has, and will continue to, hold its value, during your specific ownership period. It will even suggest to you the best Rio 5 model years to buy to get the best value.

What About KIA Rio 5 Insurance Costs?

The average cost to insure KIA Rio 5 is about $1,395 per year. This adds up to around $6,975 after 5 years of vehicle ownership. Much like interest rates, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own KIA Rio 5. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure

Other KIA Rio 5 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 Rio 5 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: