$17,300 Car Loan

What's the monthly payment on a $17,300 car?
$
$
%
Monthly payment = $314
Total yearly payments = $3,769
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $300
3.0% $306
4.0% $312
5.0% $319
6.0% $325
7.0% $331
8.0% $338
9.0% $344
10.0% $351
Payments by Amount Down
Down Monthly Payment
$0 $393
$1,000 $370
$2,000 $347
$3,000 $324
$4,000 $302
$5,000 $279
Payments by Loan Length
Length Payment
24 months $603
36 months $410
48 months $314
60 months $256
72 months $218
84 months $191

Can I afford a $17,300 car?

Is your salary enough to buy a $17,300 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 $17,300 vehicle, this would mean saving up $3,460.
  • 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 $17,300, you would need to make at least $43,250 per year.