How much would my car payments be?

Question

I want to buy a Nissan Sentra...after all the features I want it'll be a little less than 23,000.I want to go to the bank and get a loan...to maybe put....5,000 down?I don't know if that's a good amount.Could someone tell me how much my payments would be a month?I want to do it for..5 years I think.

Answer 1

$403.12, for five years including tax title & Lic.

Answer 2

Approx. $450 per month for 60 months.

Hope this helps

Cheers

Answer 3

Your monthly payment will be based on the interest rate you qualify for.  Your credit score will tell you that.  

Good credit will give you a low interest and keep your payments lower.  

Ask the Bank what Interest Rate you qualify for after they process your loan approval.   Then go to several free loan calculators out there on the web.

Here's a good one.  

http://www.edmunds.com/apps/calc/Calcula...

Answer 4

If you are putting $5000 down, you will be financing $18000.  On a 60 month term at an average rate of 7.5%, your note would be $360 per month.  This does NOT include your taxes and fees.  $450 per month over 60 months it a ridiculus amount unles you have bad credit.

Answer 5

go to google and search for a car payment calculator. usually you'll find one that will take into account your down payment and percent interest.