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Mitsubishi Mirage Loan Calculator

Our Loan Calculator display shows you how your Mitsubishi Mirage 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 Mirage 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.

Mitsubishi Mirage Loan Calculator

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Interest Rate
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Loan Period
Sales Tax Rate
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Model Year
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Projected Resale Value
Loan Balance Exceeds Resale Value
Loan Balance Near Resale Value
Loan Balance Below Resale Value

Mitsubishi Mirage Projected Resale Value vs Loan Balance

Year Resale Value Loan Balance Difference
0 $19,181 $19,181 $0 (0%)
1 $18,393 $15,700 +$2,693 (15%)
2 $18,272 $12,049 +$6,223 (34%)
3 $17,340 $8,221 +$9,119 (53%)
4 $16,248 $4,208 +$12,040 (74%)
5 $13,975 $0 +$13,975 (100%)

Mitsubishi Mirage Monthly Payment

Loan Term 60 Months
APR 4.75%
Paid in Full Mar, 2029
$359.78
Total Principal $19,181
Total Interest $2,404
Total Cost of Loan $21,585
$359.78
Loan Term 60 Months
APR 4.75%
Paid in Full Mar, 2029
Total Principal $19,181
Total Interest $2,404
Total Cost of Loan $21,585

Mitsubishi Mirage Loan Amortization

Month Interest Principal Balance
Apr, 2024 $75.92 $284.00 $18,897.00
May, 2024 $74.80 $285.00 $18,612.00
Jun, 2024 $73.67 $286.00 $18,326.00
Jul, 2024 $72.54 $287.00 $18,039.00
Aug, 2024 $71.40 $288.00 $17,751.00
Sep, 2024 $70.26 $290.00 $17,461.00

This Mitsubishi Mirage is expected to lose $5,206 of its resale value during the 60 months of this loan. Check out our Mitsubishi Mirage Depreciation Calculator for a detailed analysis of the Mirage's past and expected future depreciation. This user-friendly tool allows you to interactively see how well the Mirage has, and will continue to, hold its value, during your specific ownership period. It will even suggest to you the best Mirage model years to buy to get the best value.

Other Mitsubishi Mirage Costs of Ownership


Finding a car or truck that saves on financing costs is important. But, it's also imperative to view all major Mitsubishi Mirage 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: