How much car can I afford for $800 a month?
A $800 monthly car payment buys a car of about $40,562 with $3,000 down and a 60-month loan at 7% APR. Try your own price below.
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Car price for a $800 a month payment, by loan term
Prices include 7% sales tax and assume 7% APR.
| Down payment | 36 mo | 48 mo | 60 mo | 72 mo | 84 mo |
|---|---|---|---|---|---|
| $0 | $24,214 | $31,223 | $37,758 | $43,854 | $49,538 |
| $3,000 | $27,018 | $34,026 | $40,562 | $46,658 | $52,342 |
| $5,000 | $28,887 | $35,895 | $42,431 | $48,527 | $54,211 |
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How your interest rate changes what $800 a month buys
| APR | 48 months | 60 months | 72 months |
|---|---|---|---|
| 5% | $35,269 | $42,423 | $49,228 |
| 7% | $34,026 | $40,562 | $46,658 |
| 10% | $32,283 | $37,993 | $43,162 |
| 14% | $30,164 | $34,936 | $39,088 |
A $800 payment fits comfortably on an income of about $92,000 a year. See how much car you can afford on $90,000 or use the full car affordability calculator.
Frequently asked questions
How much car can I afford for $800 a month?
About $40,562 with $3,000 down and a 60-month loan at 7% APR, after 7% sales tax. A 72-month loan stretches that to $46,658, but you pay more interest.
What loan amount does a $800 car payment cover?
$40,402 over 60 months at 7% APR, or $33,408 over 48 months.
What income do I need for a $800 car payment?
Keeping the payment plus about $350 a month for insurance, gas and upkeep within 15% of gross income needs roughly $92,000 a year.
Other monthly payments
Estimates only. Your lender’s rate and fees decide the final figures.
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