$84,000 Car Loan

What's the monthly payment on a $84,000 car?
$
$
%
Monthly payment = $1,525
Total yearly payments = $18,298
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $1,458
3.0% $1,487
4.0% $1,517
5.0% $1,548
6.0% $1,578
7.0% $1,609
8.0% $1,641
9.0% $1,672
10.0% $1,704
Payments by Amount Down
Down Monthly Payment
$0 $1,906
$2,000 $1,861
$5,000 $1,793
$8,000 $1,725
$10,000 $1,679
$15,000 $1,566
Payments by Loan Length
Length Payment
24 months $2,926
36 months $1,991
48 months $1,525
60 months $1,245
72 months $1,059
84 months $926

Can I afford a $84,000 car?

Is your salary enough to buy a $84,000 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 $84,000 vehicle, this would mean saving up $16,800.
  • 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 $84,000, you would need to make at least $210,000 per year.