5000만원 KRW Car Loan

What's the monthly payment for a 5000만원 KRW vehicle?

Vehicle Price
5000만원
Loan Amount
4,000만원
Down Payment (20%): 1,000만원
Monthly Payment
930,259원
5.5%, 48mo
Total Interest
465만원

📊 Monthly Payment by Interest Rate

RateMonthlyTotalInterest
4%903,162원5,335만원335만원
5%921,172원5,421만원421만원
5.5%930,259원5,465만원465만원
6%939,401원5,509만원509만원
7%957,850원5,597만원597만원
8%976,517원5,687만원687만원

📅 By Loan Term

TermMonthlyTotalInterest
24months1,763,826원5,233만원233만원
36months1,207,836원5,348만원348만원
48months930,259원5,465만원465만원
60months764,046원5,584만원584만원
72months653,515원5,705만원705만원

💡 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 5000만원 KRW car?

With 20% down, 5.5% rate, 48 months: 930,259원/month.

What's the total interest for a 5000만원 KRW car loan?

At 5.5% over 48 months, total interest is about 465만원.

How much do I save with a shorter term?

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