| Interest Rate | Monthly Payment |
|---|---|
| 2.0% | $1,017 |
| 3.0% | $1,038 |
| 4.0% | $1,059 |
| 5.0% | $1,080 |
| 6.0% | $1,101 |
| 7.0% | $1,123 |
| 8.0% | $1,144 |
| 9.0% | $1,167 |
| 10.0% | $1,189 |
| Down | Monthly Payment |
|---|---|
| $0 | $1,330 |
| $2,000 | $1,284 |
| $5,000 | $1,216 |
| $8,000 | $1,148 |
| $10,000 | $1,103 |
| $15,000 | $989 |
| Length | Payment |
|---|---|
| 24 months | $2,041 |
| 36 months | $1,389 |
| 48 months | $1,064 |
| 60 months | $869 |
| 72 months | $739 |
| 84 months | $646 |
Can I afford a $58,600 car?
Is your salary enough to buy a $58,600 vehicle? A general rule of thumb for buying a car or truck is the 20 / 4 / 10 rule.