Your inputs
01Vehicle
5% of price
02Loan terms
Auto
03Vehicle details
Tip: calculations refresh automatically as you edit any field. Adjust the interest rate if you have a real rate quote.
Payment Summary
RAM ProMaster 2500 Monthly Payment
Estimated monthly payment
$1,154.15
for 60 months at 8.99% APR
Where your money goesover 60 months
- Principal
- $55,612
- Interest
- $13,637
80% of every payment goes toward equity in the ProMaster 2500; the rest is interest.
- Loan Term
- 60 mo
- Total Principal
- $55,612
- APR
- 8.99%
- Total Interest
- $13,637
- Paid in Full
- May 2031
- Total Cost of Loan
- $69,249
Resale vs. loan balance
RAM ProMaster 2500 Projected Resale Value vs Loan Balance
Share
| Year | Resale Value | Loan Balance | Difference |
|---|---|---|---|
| 0 | $54,778 | $55,612 | -$834 (-2%) |
| 1 | $54,778 | $46,388 | +$8,390 (15%) |
| 2 | $44,091 | $36,300 | +$7,791 (18%) |
| 3 | $37,934 | $25,266 | +$12,668 (33%) |
| 4 | $35,485 | $13,198 | +$22,287 (63%) |
| 5 | $32,823 | $0 | +$32,823 (100%) |
| 6 | $31,360 | $0 | +$31,360 (100%) |
| 7 | $26,912 | $0 | +$26,912 (100%) |
| 8 | $24,771 | $0 | +$24,771 (100%) |
| 9 | $21,982 | $0 | +$21,982 (100%) |
| 10 | $20,668 | $0 | +$20,668 (100%) |