$27,000 Car Loan at 6.0%

What's the monthly payment on a $27,000 car with a 6 percent loan?
Purchase Price
$
Down Payment
$
Interest Rate
%
Loan Term
Monthly payment = $507
Total yearly payments = $6,087
Payments by Interest Rate
Interest Rate Monthly Payment
6.00% $507
6.25% $510
6.50% $512
6.75% $515
6.90% $516
6.95% $517
6.99% $517
Payments by Amount Down
Down Monthly Payment
$0 $634
$1,000 $611
$2,500 $575
$5,000 $517
$7,500 $458
$10,000 $399
Payments by Loan Length
Length Payment
24 months $957
36 months $657
48 months $507
60 months $418
72 months $358
84 months $316
How to Get a Good Rate on Your Car Loan
When you buy a car, you actually have three separate things you need to negotiate with the dealer.
  1. The price of the car
  2. The price of the trade-in
  3. The loan
To confuse customers, dealers will often try to wrap this all together into one monthly payment. Don't fall for it. First negotiate the car, then the trade-in, and finally the loan.
When you're ready to buy a car or truck, go to a couple of banks first. Get pre-qualified for a loan. If the dealer can give you a better rate, that's great. If not, go with the bank loan.
Gas Taxes by U.S. State
Note: Taxes in addition to the $0.184 federal tax.
State Tax per Gallon
Pennsylvania$0.576
Washington$0.494
California$0.473
Illinois$0.391
Ohio$0.385
Florida$0.375
New Jersey$0.371
Maryland$0.367
North Carolina$0.365
West Virginia$0.357
Rhode Island$0.350
Oregon$0.340
Idaho$0.330
Montana$0.328
Iowa$0.315
Indiana$0.310
Wisconsin$0.309
Nebraska$0.306
Vermont$0.305
Maine$0.300
South Dakota$0.300
Utah$0.300
Minnesota$0.285
Georgia$0.275
Michigan$0.263
Alabama$0.260
Tennessee$0.260
New York$0.258
Connecticut$0.250
Arkansas$0.248
Kentucky$0.246
Kansas$0.240
Massachusetts$0.240
Nevada$0.240
Wyoming$0.240
New Hampshire$0.238
Delaware$0.230
North Dakota$0.230
Colorado$0.220
South Carolina$0.220
Louisiana$0.200
Oklahoma$0.200
Texas$0.200
Mississippi$0.184
Arizona$0.180
Missouri$0.170
New Mexico$0.170
Virginia$0.162
Hawaii$0.160
Alaska$0.080