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.

Mazda MX-5 Miata Payment & Amortization Calculator

Vehicle Price
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Interest Rate
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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

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.

Mazda MX-5 Miata Projected Resale Value vs Loan Balance

Year Resale Value Loan Balance Difference
0 $36,239 $36,239 $0 (0%)
1 $31,854 $29,967 +$1,887 (6%)
2 $29,908 $23,240 +$6,668 (22%)
3 $27,915 $16,028 +$11,887 (43%)
4 $25,820 $8,295 +$17,525 (68%)
5 $23,885 $0 +$23,885 (100%)

Mazda MX-5 Miata Monthly Payment

Loan Term 60 Months
APR 6.99%
Paid in Full Feb, 2030
$717.40
Total Principal $36,239
Total Interest $6,806
Total Cost of Loan $43,045
$717.40
Loan Term 60 Months
APR 6.99%
Paid in Full Feb, 2030
Total Principal $36,239
Total Interest $6,806
Total Cost of Loan $43,045

Mazda MX-5 Miata Loan Amortization

Month Interest Principal Balance
Mar, 2025 $211.09 $506.00 $35,733.00
Apr, 2025 $208.14 $509.00 $35,224.00
May, 2025 $205.18 $512.00 $34,712.00
Jun, 2025 $202.20 $515.00 $34,197.00
Jul, 2025 $199.20 $518.00 $33,679.00
Aug, 2025 $196.18 $521.00 $33,158.00

This Mazda MX-5 Miata is expected to lose $12,354 of its resale value during the 60 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:

Mazda MX-5 Miatas For Sale

2007 Mazda MX-5 Miata Grand Touring

Mileage: 63,725
Mileage: 63,725     Price: $10,995
Location: Sterling, VA ~ 6 miles away
Dealer: Used Cars Arena
Days on Market: 201
Colors (ext/int): Pink / Brown

$10,995


2021 Mazda MX-5 Miata Club

Mileage: 9,593
Mileage: 9,593     Price: $19,989
Location: Leesburg, VA ~ 6 miles away
Dealer: Dulles Chrysler Dodge Jeep Ram
Days on Market: 320
Colors (ext/int): Soul Red Crystal Metallic / Sand Cream

$19,989


2007 Mazda MX-5 Miata Grand Touring

Mileage: 145,517
Mileage: 145,517     Price: $6,999
Location: Chantilly, VA ~ 9 miles away
Dealer: Euro Auto Sport
Days on Market: 272

$6,999




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