$67,100 Car Loan

What's the monthly payment on a $67,100 car?
$
$
%
Monthly payment = $1,218
Total yearly payments = $14,617
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $1,165
3.0% $1,188
4.0% $1,212
5.0% $1,236
6.0% $1,261
7.0% $1,285
8.0% $1,310
9.0% $1,336
10.0% $1,361
Payments by Amount Down
Down Monthly Payment
$0 $1,523
$2,000 $1,477
$5,000 $1,409
$8,000 $1,341
$10,000 $1,296
$15,000 $1,182
Payments by Loan Length
Length Payment
24 months $2,337
36 months $1,591
48 months $1,218
60 months $995
72 months $846
84 months $740

Can I afford a $67,100 car?

Is your salary enough to buy a $67,100 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 $67,100 vehicle, this would mean saving up $13,420.
  • 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 $67,100, you would need to make at least $167,750 per year.