$13,300 Car Loan

What's the monthly payment on a $13,300 car?
$
$
%
Monthly payment = $241
Total yearly payments = $2,897
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $231
3.0% $236
4.0% $240
5.0% $245
6.0% $250
7.0% $255
8.0% $260
9.0% $265
10.0% $270
Payments by Amount Down
Down Monthly Payment
$0 $302
$1,000 $279
$2,000 $256
$3,000 $234
$4,000 $211
$5,000 $188
Payments by Loan Length
Length Payment
24 months $463
36 months $315
48 months $241
60 months $197
72 months $168
84 months $147

Can I afford a $13,300 car?

Is your salary enough to buy a $13,300 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 $13,300 vehicle, this would mean saving up $2,660.
  • 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 $13,300, you would need to make at least $33,250 per year.