$46,100 Car Loan

What's the monthly payment on a $46,100 car?
$
$
%
Monthly payment = $837
Total yearly payments = $10,042
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $800
3.0% $816
4.0% $833
5.0% $849
6.0% $866
7.0% $883
8.0% $900
9.0% $918
10.0% $935
Payments by Amount Down
Down Monthly Payment
$0 $1,046
$2,000 $1,001
$5,000 $933
$8,000 $865
$10,000 $819
$15,000 $706
Payments by Loan Length
Length Payment
24 months $1,606
36 months $1,093
48 months $837
60 months $683
72 months $581
84 months $508

Can I afford a $46,100 car?

Is your salary enough to buy a $46,100 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 $46,100 vehicle, this would mean saving up $9,220.
  • 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 $46,100, you would need to make at least $115,250 per year.