$14,600 Car Loan

What's the monthly payment on a $14,600 car?
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Monthly payment = $265
Total yearly payments = $3,180
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $253
3.0% $259
4.0% $264
5.0% $269
6.0% $274
7.0% $280
8.0% $285
9.0% $291
10.0% $296
Payments by Amount Down
Down Monthly Payment
$0 $331
$1,000 $309
$2,000 $286
$3,000 $263
$4,000 $241
$5,000 $218
Payments by Loan Length
Length Payment
24 months $509
36 months $346
48 months $265
60 months $216
72 months $184
84 months $161

Can I afford a $14,600 car?

Is your salary enough to buy a $14,600 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 $14,600 vehicle, this would mean saving up $2,920.
  • 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 $14,600, you would need to make at least $36,500 per year.