$35,700 Car Loan

What's the monthly payment on a $35,700 car?
$
$
%
Monthly payment = $648
Total yearly payments = $7,777
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $620
3.0% $632
4.0% $645
5.0% $658
6.0% $671
7.0% $684
8.0% $697
9.0% $711
10.0% $724
Payments by Amount Down
Down Monthly Payment
$0 $810
$2,000 $765
$5,000 $697
$8,000 $629
$10,000 $583
$15,000 $470
Payments by Loan Length
Length Payment
24 months $1,243
36 months $846
48 months $648
60 months $529
72 months $450
84 months $394

Can I afford a $35,700 car?

Is your salary enough to buy a $35,700 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 $35,700 vehicle, this would mean saving up $7,140.
  • 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 $35,700, you would need to make at least $89,250 per year.