$39,900 Car Loan at 6%
What's the monthly payment on a $39,900 car with a 6 percent loan?
After down payment, the auto loan will be $31,920.
At 6% interest with a 48 month loan:
Monthly payment = $750
Total yearly payments = $8,996
Payments by Interest Rate
Interest Rate |
Monthly |
6.00% |
$750 |
6.25% |
$753 |
6.50% |
$757 |
6.75% |
$761 |
6.90% |
$763 |
6.95% |
$764 |
6.99% |
$764 |
Payments by Amount Down
Down |
Monthly |
$0 |
$937 |
$2,000 |
$890 |
$5,000 |
$820 |
$8,000 |
$749 |
$10,000 |
$702 |
$15,000 |
$585 |
Payments by Loan Length
Length |
Monthly |
24 months |
$1,415 |
36 months |
$971 |
48 months |
$750 |
60 months |
$617 |
72 months |
$529 |
84 months |
$466 |
How to Get a Good Rate on Your Car Loan
When you buy a car, you actually have three separate things you need to negotiate with the dealer.
- The price of the car
- The price of the trade-in
- The loan
To confuse customers, dealers will try to wrap this all together into one monthly payment. Don't fall for it. First negotiate the car, then the trade-in, and finally the loan.
When you're ready to buy a car or truck, go to a couple of banks first. Get pre-qualified for a loan. If the dealer can give you a better rate, that's great. If not, go with the bank loan.
Gas Taxes by U.S. State
Note: These taxes are on top of the $0.184 federal tax.
State |
Tax per Gallon |
California | $0.629 |
Pennsylvania | $0.576 |
Washington | $0.494 |
Illinois | $0.434 |
Maryland | $0.427 |
New Jersey | $0.414 |
North Carolina | $0.408 |
Ohio | $0.385 |
Oregon | $0.380 |
Utah | $0.364 |
Florida | $0.352 |
Rhode Island | $0.350 |
Idaho | $0.330 |
Indiana | $0.330 |
Montana | $0.330 |
Vermont | $0.330 |
Wisconsin | $0.329 |
West Virginia | $0.327 |
Georgia | $0.312 |
Iowa | $0.300 |
Maine | $0.300 |
South Dakota | $0.300 |
Nebraska | $0.299 |
South Carolina | $0.288 |
Michigan | $0.286 |
Minnesota | $0.286 |
Alabama | $0.280 |
Virginia | $0.280 |
Tennessee | $0.274 |
New York | $0.262 |
Kentucky | $0.260 |
Connecticut | $0.250 |
Arkansas | $0.249 |
Kansas | $0.240 |
Massachusetts | $0.240 |
Wyoming | $0.240 |
Nevada | $0.238 |
New Hampshire | $0.238 |
Delaware | $0.230 |
North Dakota | $0.230 |
Missouri | $0.225 |
Colorado | $0.220 |
Louisiana | $0.201 |
Texas | $0.200 |
Arizona | $0.190 |
Oklahoma | $0.190 |
New Mexico | $0.189 |
Mississippi | $0.184 |
Hawaii | $0.160 |
Alaska | $0.090 |