$25,600 Car Loan

What's the monthly payment on a $25,600 car?
$
$
%
Monthly payment = $465
Total yearly payments = $5,577
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $444
3.0% $453
4.0% $462
5.0% $472
6.0% $481
7.0% $490
8.0% $500
9.0% $510
10.0% $519
Payments by Amount Down
Down Monthly Payment
$0 $581
$1,000 $558
$2,500 $524
$5,000 $467
$7,500 $411
$10,000 $354
Payments by Loan Length
Length Payment
24 months $892
36 months $607
48 months $465
60 months $379
72 months $323
84 months $282

Can I afford a $25,600 car?

Is your salary enough to buy a $25,600 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 $25,600 vehicle, this would mean saving up $5,120.
  • 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 $25,600, you would need to make at least $64,000 per year.