$43,100 Car Loan

What's the monthly payment on a $43,100 car?
$
$
%
Monthly payment = $782
Total yearly payments = $9,389
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $748
3.0% $763
4.0% $779
5.0% $794
6.0% $810
7.0% $826
8.0% $842
9.0% $858
10.0% $875
Payments by Amount Down
Down Monthly Payment
$0 $978
$2,000 $933
$5,000 $865
$8,000 $796
$10,000 $751
$15,000 $638
Payments by Loan Length
Length Payment
24 months $1,501
36 months $1,022
48 months $782
60 months $639
72 months $543
84 months $475

Can I afford a $43,100 car?

Is your salary enough to buy a $43,100 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 $43,100 vehicle, this would mean saving up $8,620.
  • 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 $43,100, you would need to make at least $107,750 per year.