$25,400 Car Loan

What's the monthly payment on a $25,400 car?
$
$
%
Monthly payment = $461
Total yearly payments = $5,533
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $441
3.0% $450
4.0% $459
5.0% $468
6.0% $477
7.0% $487
8.0% $496
9.0% $506
10.0% $515
Payments by Amount Down
Down Monthly Payment
$0 $576
$1,000 $554
$2,500 $520
$5,000 $463
$7,500 $406
$10,000 $349
Payments by Loan Length
Length Payment
24 months $885
36 months $602
48 months $461
60 months $377
72 months $320
84 months $280

Can I afford a $25,400 car?

Is your salary enough to buy a $25,400 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 $25,400 vehicle, this would mean saving up $5,080.
  • 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 $25,400, you would need to make at least $63,500 per year.