$33,200 Car Loan

What's the monthly payment on a $33,200 car?
$
$
%
Monthly payment = $603
Total yearly payments = $7,232
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $576
3.0% $588
4.0% $600
5.0% $612
6.0% $624
7.0% $636
8.0% $648
9.0% $661
10.0% $674
Payments by Amount Down
Down Monthly Payment
$0 $753
$2,000 $708
$5,000 $640
$8,000 $572
$10,000 $526
$15,000 $413
Payments by Loan Length
Length Payment
24 months $1,156
36 months $787
48 months $603
60 months $492
72 months $419
84 months $366

Can I afford a $33,200 car?

Is your salary enough to buy a $33,200 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 $33,200 vehicle, this would mean saving up $6,640.
  • 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 $33,200, you would need to make at least $83,000 per year.