$13,900 Car Loan

What's the monthly payment on a $13,900 car?
$
$
%
Monthly payment = $252
Total yearly payments = $3,028
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $241
3.0% $246
4.0% $251
5.0% $256
6.0% $261
7.0% $266
8.0% $271
9.0% $277
10.0% $282
Payments by Amount Down
Down Monthly Payment
$0 $315
$1,000 $293
$2,000 $270
$3,000 $247
$4,000 $225
$5,000 $202
Payments by Loan Length
Length Payment
24 months $484
36 months $330
48 months $252
60 months $206
72 months $175
84 months $153

Can I afford a $13,900 car?

Is your salary enough to buy a $13,900 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 $13,900 vehicle, this would mean saving up $2,780.
  • 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 $13,900, you would need to make at least $34,750 per year.