$44,000 Car Loan

What's the monthly payment on a $44,000 car?
$
$
%
Monthly payment = $799
Total yearly payments = $9,585
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $764
3.0% $779
4.0% $795
5.0% $811
6.0% $827
7.0% $843
8.0% $859
9.0% $876
10.0% $893
Payments by Amount Down
Down Monthly Payment
$0 $998
$2,000 $953
$5,000 $885
$8,000 $817
$10,000 $771
$15,000 $658
Payments by Loan Length
Length Payment
24 months $1,532
36 months $1,043
48 months $799
60 months $652
72 months $555
84 months $485

Can I afford a $44,000 car?

Is your salary enough to buy a $44,000 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 $44,000 vehicle, this would mean saving up $8,800.
  • 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 $44,000, you would need to make at least $110,000 per year.