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01Vehicle
02Loan terms
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03Vehicle details
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Payment Summary
Honda Passport Monthly Payment
Estimated monthly payment
$1,006.90
for 60 months at 6.99% APR
Where your money goesover 60 months
- Principal
- $50,862
- Interest
- $9,551
84% of every payment goes toward equity in the Passport; the rest is interest.
- Loan Term
- 60 mo
- Total Principal
- $50,862
- APR
- 6.99%
- Total Interest
- $9,551
- Paid in Full
- May 2031
- Total Cost of Loan
- $60,414
Resale vs. loan balance
Honda Passport Projected Resale Value vs Loan Balance
Share
| Year | Resale Value | Loan Balance | Difference |
|---|---|---|---|
| 0 | $47,535 | $50,862 | -$3,327 (-7%) |
| 1 | $47,535 | $42,056 | +$5,479 (12%) |
| 2 | $37,610 | $32,615 | +$4,995 (13%) |
| 3 | $34,121 | $22,491 | +$11,630 (34%) |
| 4 | $33,294 | $11,637 | +$21,657 (65%) |
| 5 | $28,635 | $0 | +$28,635 (100%) |
| 6 | $26,120 | $0 | +$26,120 (100%) |
| 7 | $25,369 | $0 | +$25,369 (100%) |
| 8 | $23,468 | $0 | +$23,468 (100%) |
| 9 | $21,709 | $0 | +$21,709 (100%) |
| 10 | $20,079 | $0 | +$20,079 (100%) |