$73,300 Car Loan

What's the monthly payment on a $73,300 car?
$
$
%
Monthly payment = $1,331
Total yearly payments = $15,967
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $1,272
3.0% $1,298
4.0% $1,324
5.0% $1,350
6.0% $1,377
7.0% $1,404
8.0% $1,432
9.0% $1,459
10.0% $1,487
Payments by Amount Down
Down Monthly Payment
$0 $1,663
$2,000 $1,618
$5,000 $1,550
$8,000 $1,482
$10,000 $1,436
$15,000 $1,323
Payments by Loan Length
Length Payment
24 months $2,553
36 months $1,738
48 months $1,331
60 months $1,087
72 months $924
84 months $808

Can I afford a $73,300 car?

Is your salary enough to buy a $73,300 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 $73,300 vehicle, this would mean saving up $14,660.
  • 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 $73,300, you would need to make at least $183,250 per year.