$10,100 Car Loan

What's the monthly payment on a $10,100 car?
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Monthly payment = $183
Total yearly payments = $2,200
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $175
3.0% $179
4.0% $182
5.0% $186
6.0% $190
7.0% $193
8.0% $197
9.0% $201
10.0% $205
Payments by Amount Down
Down Monthly Payment
$0 $229
$1,000 $206
$2,000 $184
$3,000 $161
$4,000 $138
$5,000 $116
Payments by Loan Length
Length Payment
24 months $352
36 months $239
48 months $183
60 months $150
72 months $127
84 months $111

Can I afford a $10,100 car?

Is your salary enough to buy a $10,100 vehicle? A general rule of thumb for buying a car or truck is the 20 / 4 / 10 rule.

  • Make a down payment of at least 20% cash. For a $10,100 vehicle, this would mean saving up $2,020.
  • Pay back the loan in 4 years or less.
  • Don't spend more than 10% of your income on payments and insurance. Rough estimate: your annual income should be at least 2.5 times the purchase price. So to afford a car that costs $10,100, you would need to make at least $25,250 per year.