$67,900 Car Loan

What's the monthly payment on a $67,900 car?
$
$
%
Monthly payment = $1,233
Total yearly payments = $14,791
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $1,178
3.0% $1,202
4.0% $1,226
5.0% $1,251
6.0% $1,276
7.0% $1,301
8.0% $1,326
9.0% $1,352
10.0% $1,378
Payments by Amount Down
Down Monthly Payment
$0 $1,541
$2,000 $1,495
$5,000 $1,427
$8,000 $1,359
$10,000 $1,314
$15,000 $1,200
Payments by Loan Length
Length Payment
24 months $2,365
36 months $1,610
48 months $1,233
60 months $1,007
72 months $856
84 months $749

Can I afford a $67,900 car?

Is your salary enough to buy a $67,900 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 $67,900 vehicle, this would mean saving up $13,580.
  • 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 $67,900, you would need to make at least $169,750 per year.