$67,400 Car Loan

What's the monthly payment on a $67,400 car?
$
$
%
Monthly payment = $1,224
Total yearly payments = $14,682
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $1,170
3.0% $1,193
4.0% $1,217
5.0% $1,242
6.0% $1,266
7.0% $1,291
8.0% $1,316
9.0% $1,342
10.0% $1,368
Payments by Amount Down
Down Monthly Payment
$0 $1,529
$2,000 $1,484
$5,000 $1,416
$8,000 $1,348
$10,000 $1,302
$15,000 $1,189
Payments by Loan Length
Length Payment
24 months $2,347
36 months $1,598
48 months $1,224
60 months $999
72 months $850
84 months $743

Can I afford a $67,400 car?

Is your salary enough to buy a $67,400 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 $67,400 vehicle, this would mean saving up $13,480.
  • 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 $67,400, you would need to make at least $168,500 per year.