$33,700 Car Loan

What's the monthly payment on a $33,700 car?
$
$
%
Monthly payment = $612
Total yearly payments = $7,341
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $585
3.0% $597
4.0% $609
5.0% $621
6.0% $633
7.0% $646
8.0% $658
9.0% $671
10.0% $684
Payments by Amount Down
Down Monthly Payment
$0 $765
$2,000 $719
$5,000 $651
$8,000 $583
$10,000 $538
$15,000 $424
Payments by Loan Length
Length Payment
24 months $1,174
36 months $799
48 months $612
60 months $500
72 months $425
84 months $372

Can I afford a $33,700 car?

Is your salary enough to buy a $33,700 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 $33,700 vehicle, this would mean saving up $6,740.
  • 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 $33,700, you would need to make at least $84,250 per year.