$33,400 Car Loan

What's the monthly payment on a $33,400 car?
$
$
%
Monthly payment = $606
Total yearly payments = $7,276
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $580
3.0% $591
4.0% $603
5.0% $615
6.0% $628
7.0% $640
8.0% $652
9.0% $665
10.0% $678
Payments by Amount Down
Down Monthly Payment
$0 $758
$2,000 $713
$5,000 $644
$8,000 $576
$10,000 $531
$15,000 $418
Payments by Loan Length
Length Payment
24 months $1,163
36 months $792
48 months $606
60 months $495
72 months $421
84 months $368

Can I afford a $33,400 car?

Is your salary enough to buy a $33,400 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 $33,400 vehicle, this would mean saving up $6,680.
  • 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 $33,400, you would need to make at least $83,500 per year.