$25,200 Car Loan

What's the monthly payment on a $25,200 car?
$
$
%
Monthly payment = $457
Total yearly payments = $5,489
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $437
3.0% $446
4.0% $455
5.0% $464
6.0% $473
7.0% $483
8.0% $492
9.0% $502
10.0% $511
Payments by Amount Down
Down Monthly Payment
$0 $572
$1,000 $549
$2,500 $515
$5,000 $458
$7,500 $402
$10,000 $345
Payments by Loan Length
Length Payment
24 months $878
36 months $597
48 months $457
60 months $374
72 months $318
84 months $278

Can I afford a $25,200 car?

Is your salary enough to buy a $25,200 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 $25,200 vehicle, this would mean saving up $5,040.
  • 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 $25,200, you would need to make at least $63,000 per year.