$66,800 Car Loan

What's the monthly payment on a $66,800 car?
$
$
%
Monthly payment = $1,213
Total yearly payments = $14,551
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $1,159
3.0% $1,183
4.0% $1,207
5.0% $1,231
6.0% $1,255
7.0% $1,280
8.0% $1,305
9.0% $1,330
10.0% $1,355
Payments by Amount Down
Down Monthly Payment
$0 $1,516
$2,000 $1,470
$5,000 $1,402
$8,000 $1,334
$10,000 $1,289
$15,000 $1,175
Payments by Loan Length
Length Payment
24 months $2,327
36 months $1,584
48 months $1,213
60 months $990
72 months $842
84 months $737

Can I afford a $66,800 car?

Is your salary enough to buy a $66,800 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 $66,800 vehicle, this would mean saving up $13,360.
  • 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 $66,800, you would need to make at least $167,000 per year.