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Mazda MX-5 Miata Loan Calculator

Our Loan Calculator display shows you how your Mazda MX-5 Miata 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 MX-5 Miata 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.

Mazda MX-5 Miata Loan Calculator

Vehicle Price
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Trade-In / Down Payment
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Interest Rate
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Loan Period
Sales Tax Rate
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Model Year
Expected Annual Mileage
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Projected Resale Value
Loan Balance Exceeds Resale Value
Loan Balance Near Resale Value
Loan Balance Below Resale Value

Mazda MX-5 Miata Projected Resale Value vs Loan Balance

Year Resale Value Loan Balance Difference
0 $34,688 $27,750 +$6,938 (20%)
1 $32,586 $23,654 +$8,932 (27%)
2 $31,386 $19,361 +$12,025 (38%)
3 $31,223 $14,860 +$16,363 (52%)
4 $29,762 $10,140 +$19,622 (66%)
5 $27,976 $5,190 +$22,786 (81%)
6 $25,878 $0 +$25,878 (100%)

Mazda MX-5 Miata Monthly Payment

Loan Term 72 Months
APR 4.75%
Paid in Full May, 2030
$443.70
Total Principal $27,750
Total Interest $4,195
Total Cost of Loan $31,945
$443.70
Loan Term 72 Months
APR 4.75%
Paid in Full May, 2030
Total Principal $27,750
Total Interest $4,195
Total Cost of Loan $31,945

Mazda MX-5 Miata Loan Amortization

Month Interest Principal Balance
Jun, 2024 $109.84 $334.00 $27,416.00
Jul, 2024 $108.52 $335.00 $27,081.00
Aug, 2024 $107.20 $337.00 $26,744.00
Sep, 2024 $105.86 $338.00 $26,406.00
Oct, 2024 $104.52 $339.00 $26,067.00
Nov, 2024 $103.18 $341.00 $25,726.00

This Mazda MX-5 Miata is expected to lose $8,810 of its resale value during the 72 months of this loan. Check out our Mazda MX-5 Miata Depreciation Calculator for a detailed analysis of the MX-5 Miata's past and expected future depreciation. This user-friendly tool allows you to interactively see how well the MX-5 Miata has, and will continue to, hold its value, during your specific ownership period. It will even suggest to you the best MX-5 Miata model years to buy to get the best value.

Other Mazda MX-5 Miata Costs of Ownership


Finding a car or truck that saves on financing costs is important. But, it's also imperative to view all major Mazda MX-5 Miata 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:

Used Mazda MX-5 Miatas For Sale

2006 Mazda MX-5 Miata Base

2006 Mazda MX-5 Miata Base

Mileage: 71,295
Mileage: 71,295     Price: $11,950
Location: West Palm Beach, FL ~ 1 miles away
Dealer: City Imports Llc
Days on Market: 127
Colors (ext/int): Red / Charcoal

$11,950


2016 Mazda MX-5 Miata Grand Touring

2016 Mazda MX-5 Miata Grand Touring

Mileage: 33,643
Mileage: 33,643     Price: $19,499
Location: Lake Park, FL ~ 7 miles away
Dealer: Earl Stewart Toyota
Days on Market: 120
Colors (ext/int): Meteor Gray Mica / Sport Tan

$19,499


2016 Mazda MX-5 Miata Grand Touring

2016 Mazda MX-5 Miata Grand Touring

Mileage: 27,487
Mileage: 27,487     Price: $21,995
Location: Lake Park, FL ~ 7 miles away
Dealer: Earl Stewart Toyota
Days on Market: 160
Colors (ext/int): Soul Red Metallic / Black W/Red Stitching

$21,995