$33,600 Car Loan

What's the monthly payment on a $33,600 car?
$
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%
Monthly payment = $610
Total yearly payments = $7,319
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $583
3.0% $595
4.0% $607
5.0% $619
6.0% $631
7.0% $644
8.0% $656
9.0% $669
10.0% $682
Payments by Amount Down
Down Monthly Payment
$0 $762
$2,000 $717
$5,000 $649
$8,000 $581
$10,000 $536
$15,000 $422
Payments by Loan Length
Length Payment
24 months $1,170
36 months $797
48 months $610
60 months $498
72 months $424
84 months $371

Can I afford a $33,600 car?

Is your salary enough to buy a $33,600 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 $33,600 vehicle, this would mean saving up $6,720.
  • 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 $33,600, you would need to make at least $84,000 per year.