$79,100 Car Loan

What's the monthly payment on a $79,100 car?
$
$
%
Monthly payment = $1,436
Total yearly payments = $17,231
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $1,373
3.0% $1,401
4.0% $1,429
5.0% $1,457
6.0% $1,486
7.0% $1,515
8.0% $1,545
9.0% $1,575
10.0% $1,605
Payments by Amount Down
Down Monthly Payment
$0 $1,795
$2,000 $1,749
$5,000 $1,681
$8,000 $1,613
$10,000 $1,568
$15,000 $1,454
Payments by Loan Length
Length Payment
24 months $2,755
36 months $1,875
48 months $1,436
60 months $1,173
72 months $997
84 months $872

Can I afford a $79,100 car?

Is your salary enough to buy a $79,100 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 $79,100 vehicle, this would mean saving up $15,820.
  • 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 $79,100, you would need to make at least $197,750 per year.