$15,000 car loan: monthly payments by term and interest rate
A $15,000 car loan costs between $226.39 and $463.16 a month at 7% APR, depending on the term. Pick a term below to see the full cost, or use the table to compare rates.
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Monthly payment on $15,000 by term and APR
Read across for the interest rate and down for the length of the loan.
$15,000 car loan: monthly payment
| Term | 4% APR | 5.5% APR | 7% APR | 9% APR | 12% APR | 15% APR |
|---|---|---|---|---|---|---|
| 3 years | $442.86 | $452.94 | $463.16 | $477.00 | $498.21 | $519.98 |
| 4 years | $338.69 | $348.85 | $359.19 | $373.28 | $395.01 | $417.46 |
| 5 years | $276.25 | $286.52 | $297.02 | $311.38 | $333.67 | $356.85 |
| 6 years | $234.68 | $245.07 | $255.74 | $270.38 | $293.25 | $317.18 |
| 7 years | $205.03 | $215.55 | $226.39 | $241.34 | $264.79 | $289.45 |
Fixed rate, equal monthly payments, no fees.
$15,000 over each term
Sources and further reading
Questions people ask
What is the cheapest way to borrow $15,000?
The cheapest loan has the lowest APR and the shortest term you can afford, with no origination fee. Compare banks, credit unions and online lenders using prequalification, which uses a soft credit check.
Results are estimates for information only, not financial advice. Read the full disclaimer.
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