$73,500 Car Loan

What's the monthly payment on a $73,500 car?
$
$
%
Monthly payment = $1,334
Total yearly payments = $16,011
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $1,276
3.0% $1,301
4.0% $1,328
5.0% $1,354
6.0% $1,381
7.0% $1,408
8.0% $1,435
9.0% $1,463
10.0% $1,491
Payments by Amount Down
Down Monthly Payment
$0 $1,668
$2,000 $1,622
$5,000 $1,554
$8,000 $1,486
$10,000 $1,441
$15,000 $1,327
Payments by Loan Length
Length Payment
24 months $2,560
36 months $1,743
48 months $1,334
60 months $1,090
72 months $927
84 months $811

Can I afford a $73,500 car?

Is your salary enough to buy a $73,500 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 $73,500 vehicle, this would mean saving up $14,700.
  • 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 $73,500, you would need to make at least $183,750 per year.