$35,900 Car Loan

What's the monthly payment on a $35,900 car?
$
$
%
Monthly payment = $652
Total yearly payments = $7,820
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $623
3.0% $636
4.0% $648
5.0% $661
6.0% $674
7.0% $688
8.0% $701
9.0% $715
10.0% $728
Payments by Amount Down
Down Monthly Payment
$0 $815
$2,000 $769
$5,000 $701
$8,000 $633
$10,000 $588
$15,000 $474
Payments by Loan Length
Length Payment
24 months $1,250
36 months $851
48 months $652
60 months $532
72 months $453
84 months $396

Can I afford a $35,900 car?

Is your salary enough to buy a $35,900 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 $35,900 vehicle, this would mean saving up $7,180.
  • 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 $35,900, you would need to make at least $89,750 per year.