Interest Rate | Monthly Payment |
---|---|
2.0% | $108 |
3.0% | $110 |
4.0% | $112 |
5.0% | $114 |
6.0% | $116 |
7.0% | $119 |
8.0% | $121 |
9.0% | $123 |
10.0% | $126 |
Down | Monthly Payment |
---|---|
$0 | $141 |
$500 | $129 |
$1,000 | $118 |
$1,500 | $107 |
$2,000 | $95 |
$2,500 | $84 |
Length | Payment |
---|---|
24 months | $216 |
36 months | $147 |
48 months | $113 |
60 months | $92 |
72 months | $78 |
84 months | $68 |
Can I afford a $6,200 car?
Is your salary enough to buy a $6,200 vehicle? A general rule of thumb for buying a car or truck is the 20 / 4 / 10 rule.