$25,000 Car Loan

What's the monthly payment on a $25,000 car?
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Monthly payment = $454
Total yearly payments = $5,446
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $434
3.0% $443
4.0% $452
5.0% $461
6.0% $470
7.0% $479
8.0% $488
9.0% $498
10.0% $507
Payments by Amount Down
Down Monthly Payment
$0 $567
$1,000 $545
$2,500 $511
$5,000 $454
$7,500 $397
$10,000 $340
Payments by Loan Length
Length Payment
24 months $871
36 months $593
48 months $454
60 months $371
72 months $315
84 months $276

Can I afford a $25,000 car?

Is your salary enough to buy a $25,000 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 $25,000 vehicle, this would mean saving up $5,000.
  • 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 $25,000, you would need to make at least $62,500 per year.