$66,900 Car Loan

What's the monthly payment on a $66,900 car?
$
$
%
Monthly payment = $1,214
Total yearly payments = $14,573
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $1,161
3.0% $1,185
4.0% $1,208
5.0% $1,233
6.0% $1,257
7.0% $1,282
8.0% $1,307
9.0% $1,332
10.0% $1,357
Payments by Amount Down
Down Monthly Payment
$0 $1,518
$2,000 $1,473
$5,000 $1,405
$8,000 $1,337
$10,000 $1,291
$15,000 $1,178
Payments by Loan Length
Length Payment
24 months $2,330
36 months $1,586
48 months $1,214
60 months $992
72 months $843
84 months $738

Can I afford a $66,900 car?

Is your salary enough to buy a $66,900 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 $66,900 vehicle, this would mean saving up $13,380.
  • 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 $66,900, you would need to make at least $167,250 per year.