$77,900 Car Loan

What's the monthly payment on a $77,900 car?
$
$
%
Monthly payment = $1,414
Total yearly payments = $16,969
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $1,352
3.0% $1,379
4.0% $1,407
5.0% $1,435
6.0% $1,464
7.0% $1,492
8.0% $1,521
9.0% $1,551
10.0% $1,581
Payments by Amount Down
Down Monthly Payment
$0 $1,768
$2,000 $1,722
$5,000 $1,654
$8,000 $1,586
$10,000 $1,541
$15,000 $1,427
Payments by Loan Length
Length Payment
24 months $2,713
36 months $1,847
48 months $1,414
60 months $1,155
72 months $982
84 months $859

Can I afford a $77,900 car?

Is your salary enough to buy a $77,900 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 $77,900 vehicle, this would mean saving up $15,580.
  • 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 $77,900, you would need to make at least $194,750 per year.