How much per month would car payment be at 5.99%?

You can't afford the car if you need 6 years of payments .

$10,139.35 without a warranty comes to $168 per month . I used the Cars. com calculator . The extended warranty scam would cost as much as most major repairs .

The calculations are complex . However , the simple formula is $16.57 per thousand @ 5.99 %

Any loan company and vehicle dealership that will ONLY write a 6 year loan and tell you that it makes the payments more "affordable" are trying to rip you off. It may make the payments less, but definitely not more affordable. It costs you more, much more.

The less time it takes to pay off a loan, the less interest you pay. With a FICO credit score of 830, you should RUN, not WALK away from the dealership and WELSFARGO as quickly as possible and find someone honest to deal with. I'd recommend that if you are not currently a member of a credit union, join one immediately. Many credit unions currently have car loans with rates as low as 3.99%. Your credit score should qualify you for their best rate. This Credit Union, for example has 3.99% for both used and new loans up to $100,000 and the term can be anywhere from 1 to 5 years. You get to choose the term that best suits your financial situation.

https://www.penfed.org/productsAndRates/loans/vehi...

I'd recommend that you decide how much you can afford on a monthly basis and then plug some numbers into a loan calculator like the one here.

http://www.bankrate.com/calculators/auto/auto-loan...

For example, a $12,000 loan at 5.99% for 6 years has a payment of $198.82. Over the term of the loan, you'll pay $14,315.04. The same $12,000 at 3.99% for 3 years requires a monthly payment of $270.89, just $72 more than the 6 year loan. That is only $16 a week. You should be able to swing an extra $16 a week just by eating out less often. But over the loan term, you pay a total of $13,003.72, more than $1,300 less than the longet term loan. The longer you use the loan company's money, the more you pay them.