$77,700 Car Loan

What's the monthly payment on a $77,700 car?
$
$
%
Monthly payment = $1,410
Total yearly payments = $16,926
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $1,349
3.0% $1,376
4.0% $1,404
5.0% $1,432
6.0% $1,460
7.0% $1,488
8.0% $1,518
9.0% $1,547
10.0% $1,577
Payments by Amount Down
Down Monthly Payment
$0 $1,763
$2,000 $1,718
$5,000 $1,650
$8,000 $1,582
$10,000 $1,536
$15,000 $1,423
Payments by Loan Length
Length Payment
24 months $2,706
36 months $1,842
48 months $1,410
60 months $1,152
72 months $980
84 months $857

Can I afford a $77,700 car?

Is your salary enough to buy a $77,700 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 $77,700 vehicle, this would mean saving up $15,540.
  • 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 $77,700, you would need to make at least $194,250 per year.