$19,100 Car Loan

What's the monthly payment on a $19,100 car?
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%
Monthly payment = $347
Total yearly payments = $4,161
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $332
3.0% $338
4.0% $345
5.0% $352
6.0% $359
7.0% $366
8.0% $373
9.0% $380
10.0% $388
Payments by Amount Down
Down Monthly Payment
$0 $433
$1,000 $411
$2,000 $388
$3,000 $365
$4,000 $343
$5,000 $320
Payments by Loan Length
Length Payment
24 months $665
36 months $453
48 months $347
60 months $283
72 months $241
84 months $211

Can I afford a $19,100 car?

Is your salary enough to buy a $19,100 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 $19,100 vehicle, this would mean saving up $3,820.
  • 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 $19,100, you would need to make at least $47,750 per year.