Loan term comparison
A longer term lowers the payment and raises everything else. Enter the amount and the APR to see each term side by side.
| Term | Monthly payment | Total interest | Total of payments | Still owed after 3 years |
|---|---|---|---|---|
| 36 months | — | — | — | — |
| 48 months | — | — | — | — |
| 60 months | — | — | — | — |
| 72 months | — | — | — | — |
| 84 months | — | — | — | — |
Find financing on the term you choose
Describe the car and the loan in five answers. Lenditia sends your request to auto lenders, car dealers and loan brokers, who may contact you with financing options. Nothing is agreed until you sign a contract with one of them.
- 1 The car, the amount, your credit and ZIP code.
- 2 Your name, phone, email and consent to be contacted.
- 3 An auto lender, car dealer or loan broker may call, text or email you. Compare any offer by APR and total cost before you sign.
Sending a request costs you nothing. Lenditia is not a lender and is paid by the auto lenders, car dealers and loan brokers who receive requests; they set their own rates and terms. How we make money.
How to read the table
Every row uses the same amount and APR, so the only difference is time. The last column shows the share of the loan still unpaid after 36 payments. A car usually loses value fastest in its first years, so a large share still owed at that point means you are more likely to owe more than the car is worth if you need to sell or trade it.
For example, $30,000 at 7% costs $594.04 a month over 60 months and about $5,642 in interest. Over 84 months the payment falls to $452.78, but interest rises to about $8,034.
Choosing a term
Pick the shortest term whose payment fits your budget with room to spare. The guide to car loan terms explains the trade-offs, and the upside-down loan page shows what happens when the balance outruns the car.