Lincoln MKZ Loan Calculator

Our Loan Calculator display shows you how your Lincoln MKZ 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 MKZ 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.

Lincoln MKZ 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

Lincoln MKZ Projected Resale Value vs Loan Balance

Year Resale Value Loan Balance Difference
0 $41,307 $33,046 +$8,261 (20%)
1 $33,822 $28,169 +$5,653 (17%)
2 $30,183 $23,055 +$7,128 (24%)
3 $25,734 $17,693 +$8,041 (31%)
4 $22,979 $12,072 +$10,907 (47%)
5 $20,137 $6,179 +$13,958 (69%)
6 $17,283 $0 +$17,283 (100%)

Lincoln MKZ Monthly Payment

Loan Term 72 Months
APR 4.75%
Paid in Full Jul, 2027
$528.38
Total Principal $33,046
Total Interest $4,995
Total Cost of Loan $38,041
$528.38
Loan Term 72 Months
APR 4.75%
Paid in Full Jul, 2027
Total Principal $33,046
Total Interest $4,995
Total Cost of Loan $38,041

Lincoln MKZ Loan Amortization

Month Interest Principal Balance
Aug, 2021 $130.81 $398.00 $32,648.00
Sep, 2021 $129.23 $399.00 $32,249.00
Oct, 2021 $127.65 $401.00 $31,848.00
Nov, 2021 $126.07 $402.00 $31,446.00
Dec, 2021 $124.47 $404.00 $31,042.00
Jan, 2022 $122.87 $406.00 $30,636.00

This Lincoln MKZ is expected to lose $24,024 of its resale value during the 72 months of this loan. Check out our Lincoln MKZ Depreciation Calculator for a detailed analysis of the MKZ's past and expected future depreciation. This user-friendly tool allows you to interactively see how well the MKZ has, and will continue to, hold its value, during your specific ownership period. It will even suggest to you the best MKZ model years to buy to get the best value.