$36,900 Car Loan

What's the monthly payment on a $36,900 car?
$
$
%
Monthly payment = $670
Total yearly payments = $8,038
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $640
3.0% $653
4.0% $667
5.0% $680
6.0% $693
7.0% $707
8.0% $721
9.0% $735
10.0% $749
Payments by Amount Down
Down Monthly Payment
$0 $837
$2,000 $792
$5,000 $724
$8,000 $656
$10,000 $610
$15,000 $497
Payments by Loan Length
Length Payment
24 months $1,285
36 months $875
48 months $670
60 months $547
72 months $465
84 months $407

Can I afford a $36,900 car?

Is your salary enough to buy a $36,900 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 $36,900 vehicle, this would mean saving up $7,380.
  • 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 $36,900, you would need to make at least $92,250 per year.