$13,100 Car Loan

What's the monthly payment on a $13,100 car?
$
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%
Monthly payment = $238
Total yearly payments = $2,854
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $227
3.0% $232
4.0% $237
5.0% $241
6.0% $246
7.0% $251
8.0% $256
9.0% $261
10.0% $266
Payments by Amount Down
Down Monthly Payment
$0 $297
$1,000 $275
$2,000 $252
$3,000 $229
$4,000 $206
$5,000 $184
Payments by Loan Length
Length Payment
24 months $456
36 months $311
48 months $238
60 months $194
72 months $165
84 months $144

Can I afford a $13,100 car?

Is your salary enough to buy a $13,100 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 $13,100 vehicle, this would mean saving up $2,620.
  • 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 $13,100, you would need to make at least $32,750 per year.