$9,400 Car Loan

What's the monthly payment on a $9,400 car?
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Monthly payment = $171
Total yearly payments = $2,048
Payments by Interest Rate
Interest Rate Monthly Payment
2.0% $163
3.0% $166
4.0% $170
5.0% $173
6.0% $177
7.0% $180
8.0% $184
9.0% $187
10.0% $191
Payments by Amount Down
Down Monthly Payment
$0 $213
$500 $202
$1,000 $191
$1,500 $179
$2,000 $168
$2,500 $157
Payments by Loan Length
Length Payment
24 months $327
36 months $223
48 months $171
60 months $139
72 months $119
84 months $104

Can I afford a $9,400 car?

Is your salary enough to buy a $9,400 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 $9,400 vehicle, this would mean saving up $1,880.
  • 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 $9,400, you would need to make at least $23,500 per year.