$73,700 Car Loan

What's the monthly payment on a $73,700 car?
$
$
%
Monthly payment = $1,338
Total yearly payments = $16,054
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $1,279
3.0% $1,305
4.0% $1,331
5.0% $1,358
6.0% $1,385
7.0% $1,412
8.0% $1,439
9.0% $1,467
10.0% $1,495
Payments by Amount Down
Down Monthly Payment
$0 $1,672
$2,000 $1,627
$5,000 $1,559
$8,000 $1,491
$10,000 $1,445
$15,000 $1,332
Payments by Loan Length
Length Payment
24 months $2,567
36 months $1,747
48 months $1,338
60 months $1,093
72 months $929
84 months $813

Can I afford a $73,700 car?

Is your salary enough to buy a $73,700 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 $73,700 vehicle, this would mean saving up $14,740.
  • 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 $73,700, you would need to make at least $184,250 per year.