4000만원 KRW Car Loan

What's the monthly payment for a 4000만원 KRW vehicle?

Vehicle Price
4000만원
Loan Amount
3,200만원
Down Payment (20%): 800만원
Monthly Payment
744,207원
5.5%, 48mo
Total Interest
372만원

📊 Monthly Payment by Interest Rate

RateMonthlyTotalInterest
4%722,530원4,268만원268만원
5%736,937원4,337만원337만원
5.5%744,207원4,372만원372만원
6%751,521원4,407만원407만원
7%766,280원4,478만원478만원
8%781,214원4,549만원549만원

📅 By Loan Term

TermMonthlyTotalInterest
24months1,411,061원4,186만원186만원
36months966,269원4,278만원278만원
48months744,207원4,372만원372만원
60months611,237원4,467만원467만원
72months522,812원4,564만원564만원

💡 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 4000만원 KRW car?

With 20% down, 5.5% rate, 48 months: 744,207원/month.

What's the total interest for a 4000만원 KRW car loan?

At 5.5% over 48 months, total interest is about 372만원.

How much do I save with a shorter term?

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