$43,800 Car Loan

What's the monthly payment on a $43,800 car?
$
$
%
Monthly payment = $795
Total yearly payments = $9,541
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $760
3.0% $776
4.0% $791
5.0% $807
6.0% $823
7.0% $839
8.0% $855
9.0% $872
10.0% $889
Payments by Amount Down
Down Monthly Payment
$0 $994
$2,000 $948
$5,000 $880
$8,000 $812
$10,000 $767
$15,000 $654
Payments by Loan Length
Length Payment
24 months $1,526
36 months $1,038
48 months $795
60 months $649
72 months $552
84 months $483

Can I afford a $43,800 car?

Is your salary enough to buy a $43,800 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 $43,800 vehicle, this would mean saving up $8,760.
  • 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 $43,800, you would need to make at least $109,500 per year.