$14,900 Car Loan

What's the monthly payment on a $14,900 car?
$
$
%
Monthly payment = $270
Total yearly payments = $3,246
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $259
3.0% $264
4.0% $269
5.0% $275
6.0% $280
7.0% $285
8.0% $291
9.0% $297
10.0% $302
Payments by Amount Down
Down Monthly Payment
$0 $338
$1,000 $315
$2,000 $293
$3,000 $270
$4,000 $247
$5,000 $225
Payments by Loan Length
Length Payment
24 months $519
36 months $353
48 months $270
60 months $221
72 months $188
84 months $164

Can I afford a $14,900 car?

Is your salary enough to buy a $14,900 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 $14,900 vehicle, this would mean saving up $2,980.
  • 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 $14,900, you would need to make at least $37,250 per year.