$17,900 Car Loan

What's the monthly payment on a $17,900 car?
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%
Monthly payment = $325
Total yearly payments = $3,899
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $311
3.0% $317
4.0% $323
5.0% $330
6.0% $336
7.0% $343
8.0% $350
9.0% $356
10.0% $363
Payments by Amount Down
Down Monthly Payment
$0 $406
$1,000 $383
$2,000 $361
$3,000 $338
$4,000 $315
$5,000 $293
Payments by Loan Length
Length Payment
24 months $623
36 months $424
48 months $325
60 months $265
72 months $226
84 months $197

Can I afford a $17,900 car?

Is your salary enough to buy a $17,900 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 $17,900 vehicle, this would mean saving up $3,580.
  • 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 $17,900, you would need to make at least $44,750 per year.