# 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
\$
\$
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
Evaluate your deal with CarEdge Reports
Unlock data-packed comparisons of car listings against local market benchmarks.
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 \$36,821 \$28,169 +\$8,652 (23%)
2 \$34,059 \$23,055 +\$11,004 (32%)
3 \$32,261 \$17,693 +\$14,568 (45%)
4 \$29,576 \$12,072 +\$17,504 (59%)
5 \$27,969 \$6,179 +\$21,790 (78%)
6 \$24,512 \$0 +\$24,512 (100%)

## Lincoln MKZ Monthly Payment

 Loan Term 72 Months APR 4.75% Paid in Full May, 2030
\$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 May, 2030 Total Principal \$33,046 Total Interest \$4,995 Total Cost of Loan \$38,041

#### Lincoln MKZ Loan Amortization

Month Interest Principal Balance
Jun, 2024 \$130.81 \$398.00 \$32,648.00
Jul, 2024 \$129.23 \$399.00 \$32,249.00
Aug, 2024 \$127.65 \$401.00 \$31,848.00
Sep, 2024 \$126.07 \$402.00 \$31,446.00
Oct, 2024 \$124.47 \$404.00 \$31,042.00
Nov, 2024 \$122.87 \$406.00 \$30,636.00

This Lincoln MKZ is expected to lose \$16,795 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.