$5,000 car loan payment

Monthly payment on $5,000 at 7% APR for 60 months
$99.01
Total interest: $940

Over 48 months the payment rises to $119.73 but saves interest; over 72 months it falls to $85.25 but costs more in total. Your actual rate depends on your credit score and whether the car is new or used.

$5,000 car payment by APR and term

APR36 mo48 mo60 mo72 mo84 mo
4%$148$113$92$78$68
5%$150$115$94$81$71
6%$152$117$97$83$73
7%$154$120$99$85$75
8%$157$122$101$88$78
9%$159$124$104$90$80
10%$161$127$106$93$83
12%$166$132$111$98$88

Total interest at 7% APR

TermMonthly paymentTotal interest
36 months$154.39$558
48 months$119.73$747
60 months$99.01$940
72 months$85.25$1,138
84 months$75.46$1,339

Include tax, fees and trade-in

Frequently asked questions

What is the payment on a $5,000 car loan?

At 7% APR for 60 months, a $5,000 car loan is $99.01 a month, with $940 of total interest.

Is 72 or 60 months better for a $5,000 loan?

At 7% APR, 72 months lowers the payment to $85.25 but adds $197 of extra interest compared with 60 months.

Other loan amounts

$10,000 car loan$15,000 car loan$20,000 car loan$25,000 car loan

All car loan amounts →

Estimates for general information only, not financial advice. See how we calculate.