$43,300 Car Loan

What's the monthly payment on a $43,300 car?
$
$
%
Monthly payment = $786
Total yearly payments = $9,432
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $752
3.0% $767
4.0% $782
5.0% $798
6.0% $814
7.0% $829
8.0% $846
9.0% $862
10.0% $879
Payments by Amount Down
Down Monthly Payment
$0 $983
$2,000 $937
$5,000 $869
$8,000 $801
$10,000 $756
$15,000 $642
Payments by Loan Length
Length Payment
24 months $1,508
36 months $1,027
48 months $786
60 months $642
72 months $546
84 months $477

Can I afford a $43,300 car?

Is your salary enough to buy a $43,300 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 $43,300 vehicle, this would mean saving up $8,660.
  • 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 $43,300, you would need to make at least $108,250 per year.