$33,000 Car Loan

What's the monthly payment on a $33,000 car?
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Monthly payment = $599
Total yearly payments = $7,189
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $573
3.0% $584
4.0% $596
5.0% $608
6.0% $620
7.0% $632
8.0% $645
9.0% $657
10.0% $670
Payments by Amount Down
Down Monthly Payment
$0 $749
$2,000 $703
$5,000 $635
$8,000 $567
$10,000 $522
$15,000 $408
Payments by Loan Length
Length Payment
24 months $1,149
36 months $782
48 months $599
60 months $489
72 months $416
84 months $364

Can I afford a $33,000 car?

Is your salary enough to buy a $33,000 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 $33,000 vehicle, this would mean saving up $6,600.
  • 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 $33,000, you would need to make at least $82,500 per year.