3000만원 KRW Car Loan

What's the monthly payment for a 3000만원 KRW vehicle?

Vehicle Price
3000만원
Loan Amount
2,400만원
Down Payment (20%): 600만원
Monthly Payment
558,155원
5.5%, 48mo
Total Interest
279만원

📊 Monthly Payment by Interest Rate

RateMonthlyTotalInterest
4%541,897원3,201만원201만원
5%552,703원3,252만원252만원
5.5%558,155원3,279만원279만원
6%563,641원3,305만원305만원
7%574,710원3,358만원358만원
8%585,910원3,412만원412만원

📅 By Loan Term

TermMonthlyTotalInterest
24months1,058,296원3,139만원139만원
36months724,702원3,208만원208만원
48months558,155원3,279만원279만원
60months458,428원3,350만원350만원
72months392,109원3,423만원423만원

💡 Car Buying Tips

  • A larger down payment reduces both monthly payment and total interest.
  • Bank auto loans are usually 1-2% lower than dealer financing.
  • Longer terms mean lower monthly payments but more total interest.

FAQ

What's the monthly payment for a 3000만원 KRW car?

With 20% down, 5.5% rate, 48 months: 558,155원/month.

What's the total interest for a 3000만원 KRW car loan?

At 5.5% over 48 months, total interest is about 279만원.

How much do I save with a shorter term?

Switching from 48 to 36 months reduces total interest by about 25%.