$67,000 Car Loan

What's the monthly payment on a $67,000 car?
$
$
%
Monthly payment = $1,216
Total yearly payments = $14,595
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $1,163
3.0% $1,186
4.0% $1,210
5.0% $1,234
6.0% $1,259
7.0% $1,284
8.0% $1,309
9.0% $1,334
10.0% $1,359
Payments by Amount Down
Down Monthly Payment
$0 $1,520
$2,000 $1,475
$5,000 $1,407
$8,000 $1,339
$10,000 $1,293
$15,000 $1,180
Payments by Loan Length
Length Payment
24 months $2,334
36 months $1,588
48 months $1,216
60 months $993
72 months $845
84 months $739

Can I afford a $67,000 car?

Is your salary enough to buy a $67,000 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 $67,000 vehicle, this would mean saving up $13,400.
  • 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 $67,000, you would need to make at least $167,500 per year.