$17,100 Car Loan

What's the monthly payment on a $17,100 car?
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%
Monthly payment = $310
Total yearly payments = $3,725
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $297
3.0% $303
4.0% $309
5.0% $315
6.0% $321
7.0% $328
8.0% $334
9.0% $340
10.0% $347
Payments by Amount Down
Down Monthly Payment
$0 $388
$1,000 $365
$2,000 $343
$3,000 $320
$4,000 $297
$5,000 $275
Payments by Loan Length
Length Payment
24 months $596
36 months $405
48 months $310
60 months $253
72 months $216
84 months $189

Can I afford a $17,100 car?

Is your salary enough to buy a $17,100 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 $17,100 vehicle, this would mean saving up $3,420.
  • 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 $17,100, you would need to make at least $42,750 per year.