# What is the average monthly payment for a \$20000 car?

If the interest is more than the rebate, then take the 0% financing. For instance, using our loan calculator, if you buy a \$20,000 vehicle at 5% APR for 60 months the monthly payment would be \$377.42 and you would pay \$2,645.48 in interest.

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## People also ask, how much is a 10k car payment?

With a three-year \$10,000 loan at a 4.5% interest rate, your monthly payments would be \$297 per month or more if you include the sales tax in the loan.

Regarding this, how much is a car payment on a \$25 000 car? Your new loan amount would be \$25,000, your monthly payment would be \$452, and you’d pay \$2,113 in total interest charges.

## Hereof, how much should I put down on a \$8000 car?

The vehicle’s price determines how much cash you should put down

Vehicle Price 15% Down 20% Down
\$8,000 \$1,200 \$1,600
\$10,000 \$1,500 \$2,000
\$12,000 \$1,800 \$2,400
\$14,000 \$2,100 \$2,800

## How much would a 22 000 car payment be?

A representative example of payment terms is as follows: a \$1,000 down payment, an Amount Financed of \$22,000 with an APR of 10.00%, and a term of 72 months would have a monthly payment of \$407.57.

## What is the monthly payment on a \$30000 loan?

For example, the total interest on a \$30,000, 60-month loan at 4% would be \$3,150. So, your monthly payment would be \$552.50 (\$30,000 + \$3,150 ÷ 60 = \$552.50).

## What would payments be on a \$20 000 loan?

If you borrow \$20,000 at 5.00% for 5 years, your monthly payment will be \$377.42. The loan payments won’t change over time. Based on the loan amortization over the repayment period, the proportion of interest paid vs. principal repaid changes each month.