$46,500 Car Loan

What's the monthly payment on a $46,500 car?
$
$
%
Monthly payment = $844
Total yearly payments = $10,129
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $807
3.0% $823
4.0% $840
5.0% $857
6.0% $874
7.0% $891
8.0% $908
9.0% $926
10.0% $943
Payments by Amount Down
Down Monthly Payment
$0 $1,055
$2,000 $1,010
$5,000 $942
$8,000 $874
$10,000 $828
$15,000 $715
Payments by Loan Length
Length Payment
24 months $1,620
36 months $1,102
48 months $844
60 months $689
72 months $586
84 months $513

Can I afford a $46,500 car?

Is your salary enough to buy a $46,500 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 $46,500 vehicle, this would mean saving up $9,300.
  • 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 $46,500, you would need to make at least $116,250 per year.