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  2. How Much Car Can You Afford? - AOL

    www.aol.com/much-car-afford-134000667.html

    If your gross salary is $60,000, your take-home monthly pay is probably around $3,750, assuming about 25% of your pay goes toward taxes and other expenses. Based on the 10-15% calculation, you ...

  3. Average Car Payment Is $738/Month: 7 Models To Consider ... - AOL

    www.aol.com/finance/average-car-payment-738...

    According to LendingTree, the average monthly car payment for new vehicles is $738 -- higher than it's ever been. Leased and used vehicles have also gone up on a year-over-year basis, with used ...

  4. 7 Things You Must Do When Your Car Payment Exceeds $535 ... - AOL

    www.aol.com/7-things-must-car-payment-190046893.html

    If possible, try to keep your car payment to a maximum of 10% to 15% of your monthly take-home pay. The U.S. Census Bureau found that the real median household income after taxes is around $64,240 ...

  5. How to calculate loan payments and costs - AOL

    www.aol.com/finance/calculate-loan-payments...

    For the figures above, the loan payment formula would look like: 0.06 divided by 12 = 0.005. 0.005 x $20,000 = $100. In this example, you’d pay $100 in interest in the first month. As you ...

  6. 5 Strategies for Paying Off Car Loan Early - AOL

    www.aol.com/5-strategies-paying-off-car...

    3. Round Up. Rounding up to the nearest $50 or even $100, if you can swing it, is a great way to add extra money every month to the principal. For example, if your monthly payment is $337, you ...

  7. You Owe More Than the Car Is Worth. According to Andy Roberts, founder of Auto Problemz, the clearest sign that your vehicle isn’t worth the monthly payment is if the depreciation rate outpaces ...

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