$44,900 Car Loan

What's the monthly payment on a $44,900 car?
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$
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Monthly payment = $815
Total yearly payments = $9,781
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $779
3.0% $795
4.0% $811
5.0% $827
6.0% $844
7.0% $860
8.0% $877
9.0% $894
10.0% $911
Payments by Amount Down
Down Monthly Payment
$0 $1,019
$2,000 $973
$5,000 $905
$8,000 $837
$10,000 $792
$15,000 $678
Payments by Loan Length
Length Payment
24 months $1,564
36 months $1,065
48 months $815
60 months $666
72 months $566
84 months $495

Can I afford a $44,900 car?

Is your salary enough to buy a $44,900 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 $44,900 vehicle, this would mean saving up $8,980.
  • 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 $44,900, you would need to make at least $112,250 per year.