Interest Rate | Monthly Payment |
---|---|
2.0% | $1,088 |
3.0% | $1,110 |
4.0% | $1,133 |
5.0% | $1,155 |
6.0% | $1,178 |
7.0% | $1,201 |
8.0% | $1,225 |
9.0% | $1,248 |
10.0% | $1,272 |
Down | Monthly Payment |
---|---|
$0 | $1,423 |
$2,000 | $1,377 |
$5,000 | $1,309 |
$8,000 | $1,241 |
$10,000 | $1,196 |
$15,000 | $1,082 |
Length | Payment |
---|---|
24 months | $2,184 |
36 months | $1,487 |
48 months | $1,138 |
60 months | $929 |
72 months | $790 |
84 months | $691 |
Can I afford a $62,700 car?
Is your salary enough to buy a $62,700 vehicle? A general rule of thumb for buying a car or truck is the 20 / 4 / 10 rule.