Home Loan Payoff Biweekly Payment Loan Comparison Car Affordability Auto Refinance Excel

$12,000 Car Loan Over 6 Years

>>Save up to $105/Month on Your Car Payments!
Compare Today's Auto Refinance Rates

How much is the monthly payment for a $12K car loan over 6 years? - The monthly payment on $12,000 car loan over 6 year term and a 5.5% interest is $196.05.

$12K Car Loan Over 6 Years
Car Loan
Loan Terms
 years
Interest Rate

Car Calculator Results
Car Loan:
 $12,000.00
Monthly Payment:
 $196.05
Total # Of Payments:
 72
Start Date:
 Apr, 2025
Payoff Date:
 Mar, 2031
Total Interest Paid:
 $2,115.93
Total Payment:
 $14,115.93


The amortization schedule for $12K car loan is shown below.

Amortization Schedule for $12K Car Loan
Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Apr, 2025 1 $55.00 $141.05 $196.05 $11,858.95
May, 2025 2 $54.35 $141.70 $196.05 $11,717.24
Jun, 2025 3 $53.70 $142.35 $196.05 $11,574.89
Jul, 2025 4 $53.05 $143.00 $196.05 $11,431.89
Aug, 2025 5 $52.40 $143.66 $196.05 $11,288.23
Sep, 2025 6 $51.74 $144.32 $196.05 $11,143.92
Oct, 2025 7 $51.08 $144.98 $196.05 $10,998.94
Nov, 2025 8 $50.41 $145.64 $196.05 $10,853.29
Dec, 2025 9 $49.74 $146.31 $196.05 $10,706.98
Jan, 2026 10 $49.07 $146.98 $196.05 $10,560.00
Feb, 2026 11 $48.40 $147.65 $196.05 $10,412.35
Mar, 2026 12 $47.72 $148.33 $196.05 $10,264.02
Apr, 2026 13 $47.04 $149.01 $196.05 $10,115.01
May, 2026 14 $46.36 $149.69 $196.05 $9,965.31
Jun, 2026 15 $45.67 $150.38 $196.05 $9,814.93
Jul, 2026 16 $44.99 $151.07 $196.05 $9,663.86
Aug, 2026 17 $44.29 $151.76 $196.05 $9,512.10
Sep, 2026 18 $43.60 $152.46 $196.05 $9,359.64
Oct, 2026 19 $42.90 $153.16 $196.05 $9,206.49
Nov, 2026 20 $42.20 $153.86 $196.05 $9,052.63
Dec, 2026 21 $41.49 $154.56 $196.05 $8,898.06
Jan, 2027 22 $40.78 $155.27 $196.05 $8,742.79
Feb, 2027 23 $40.07 $155.98 $196.05 $8,586.81
Mar, 2027 24 $39.36 $156.70 $196.05 $8,430.11
Apr, 2027 25 $38.64 $157.42 $196.05 $8,272.69
May, 2027 26 $37.92 $158.14 $196.05 $8,114.56
Jun, 2027 27 $37.19 $158.86 $196.05 $7,955.69
Jul, 2027 28 $36.46 $159.59 $196.05 $7,796.10
Aug, 2027 29 $35.73 $160.32 $196.05 $7,635.78
Sep, 2027 30 $35.00 $161.06 $196.05 $7,474.72
Oct, 2027 31 $34.26 $161.80 $196.05 $7,312.93
Nov, 2027 32 $33.52 $162.54 $196.05 $7,150.39
Dec, 2027 33 $32.77 $163.28 $196.05 $6,987.11
Jan, 2028 34 $32.02 $164.03 $196.05 $6,823.08
Feb, 2028 35 $31.27 $164.78 $196.05 $6,658.29
Mar, 2028 36 $30.52 $165.54 $196.05 $6,492.76
Apr, 2028 37 $29.76 $166.30 $196.05 $6,326.46
May, 2028 38 $29.00 $167.06 $196.05 $6,159.40
Jun, 2028 39 $28.23 $167.82 $196.05 $5,991.58
Jul, 2028 40 $27.46 $168.59 $196.05 $5,822.98
Aug, 2028 41 $26.69 $169.37 $196.05 $5,653.62
Sep, 2028 42 $25.91 $170.14 $196.05 $5,483.48
Oct, 2028 43 $25.13 $170.92 $196.05 $5,312.55
Nov, 2028 44 $24.35 $171.71 $196.05 $5,140.85
Dec, 2028 45 $23.56 $172.49 $196.05 $4,968.36
Jan, 2029 46 $22.77 $173.28 $196.05 $4,795.07
Feb, 2029 47 $21.98 $174.08 $196.05 $4,621.00
Mar, 2029 48 $21.18 $174.88 $196.05 $4,446.12
Apr, 2029 49 $20.38 $175.68 $196.05 $4,270.44
May, 2029 50 $19.57 $176.48 $196.05 $4,093.96
Jun, 2029 51 $18.76 $177.29 $196.05 $3,916.67
Jul, 2029 52 $17.95 $178.10 $196.05 $3,738.57
Aug, 2029 53 $17.14 $178.92 $196.05 $3,559.65
Sep, 2029 54 $16.32 $179.74 $196.05 $3,379.91
Oct, 2029 55 $15.49 $180.56 $196.05 $3,199.35
Nov, 2029 56 $14.66 $181.39 $196.05 $3,017.96
Dec, 2029 57 $13.83 $182.22 $196.05 $2,835.73
Jan, 2030 58 $13.00 $183.06 $196.05 $2,652.68
Feb, 2030 59 $12.16 $183.90 $196.05 $2,468.78
Mar, 2030 60 $11.32 $184.74 $196.05 $2,284.04
Apr, 2030 61 $10.47 $185.59 $196.05 $2,098.45
May, 2030 62 $9.62 $186.44 $196.05 $1,912.02
Jun, 2030 63 $8.76 $187.29 $196.05 $1,724.73
Jul, 2030 64 $7.90 $188.15 $196.05 $1,536.58
Aug, 2030 65 $7.04 $189.01 $196.05 $1,347.56
Sep, 2030 66 $6.18 $189.88 $196.05 $1,157.69
Oct, 2030 67 $5.31 $190.75 $196.05 $966.94
Nov, 2030 68 $4.43 $191.62 $196.05 $775.31
Dec, 2030 69 $3.55 $192.50 $196.05 $582.81
Jan, 2031 70 $2.67 $193.38 $196.05 $389.43
Feb, 2031 71 $1.78 $194.27 $196.05 $195.16
Mar, 2031 72 $0.89 $195.16 $196.05 $0.00



monthly payment on 13000 car loan over 6 years

Auto Finance Calculator | Terms | Privacy | Contact Us

©2025 Auto Finance Calculator