$79,300 Car Loan

What's the monthly payment on a $79,300 car?
$
$
%
Monthly payment = $1,440
Total yearly payments = $17,274
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $1,376
3.0% $1,404
4.0% $1,432
5.0% $1,461
6.0% $1,490
7.0% $1,519
8.0% $1,549
9.0% $1,579
10.0% $1,609
Payments by Amount Down
Down Monthly Payment
$0 $1,799
$2,000 $1,754
$5,000 $1,686
$8,000 $1,618
$10,000 $1,572
$15,000 $1,459
Payments by Loan Length
Length Payment
24 months $2,762
36 months $1,880
48 months $1,440
60 months $1,176
72 months $1,000
84 months $874

Can I afford a $79,300 car?

Is your salary enough to buy a $79,300 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 $79,300 vehicle, this would mean saving up $15,860.
  • 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 $79,300, you would need to make at least $198,250 per year.