$25,100 Car Loan

What's the monthly payment on a $25,100 car?
$
$
%
Monthly payment = $456
Total yearly payments = $5,468
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $436
3.0% $444
4.0% $453
5.0% $462
6.0% $472
7.0% $481
8.0% $490
9.0% $500
10.0% $509
Payments by Amount Down
Down Monthly Payment
$0 $570
$1,000 $547
$2,500 $513
$5,000 $456
$7,500 $399
$10,000 $343
Payments by Loan Length
Length Payment
24 months $874
36 months $595
48 months $456
60 months $372
72 months $316
84 months $277

Can I afford a $25,100 car?

Is your salary enough to buy a $25,100 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 $25,100 vehicle, this would mean saving up $5,020.
  • 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 $25,100, you would need to make at least $62,750 per year.