$26,100 Car Loan

What's the monthly payment on a $26,100 car?
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%
Monthly payment = $474
Total yearly payments = $5,685
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $453
3.0% $462
4.0% $471
5.0% $481
6.0% $490
7.0% $500
8.0% $510
9.0% $520
10.0% $530
Payments by Amount Down
Down Monthly Payment
$0 $592
$1,000 $570
$2,500 $536
$5,000 $479
$7,500 $422
$10,000 $365
Payments by Loan Length
Length Payment
24 months $909
36 months $619
48 months $474
60 months $387
72 months $329
84 months $288

Can I afford a $26,100 car?

Is your salary enough to buy a $26,100 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 $26,100 vehicle, this would mean saving up $5,220.
  • 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 $26,100, you would need to make at least $65,250 per year.