$66,100 Car Loan

What's the monthly payment on a $66,100 car?
$
$
%
Monthly payment = $1,200
Total yearly payments = $14,399
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $1,147
3.0% $1,170
4.0% $1,194
5.0% $1,218
6.0% $1,242
7.0% $1,266
8.0% $1,291
9.0% $1,316
10.0% $1,341
Payments by Amount Down
Down Monthly Payment
$0 $1,500
$2,000 $1,454
$5,000 $1,386
$8,000 $1,318
$10,000 $1,273
$15,000 $1,160
Payments by Loan Length
Length Payment
24 months $2,302
36 months $1,567
48 months $1,200
60 months $980
72 months $833
84 months $729

Can I afford a $66,100 car?

Is your salary enough to buy a $66,100 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 $66,100 vehicle, this would mean saving up $13,220.
  • 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 $66,100, you would need to make at least $165,250 per year.