How much is the monthly payment on a $26,000 car loan with a rate of 2% (r), repaid in 4 years (N), and with interest compounded monthly (k). about $564 per month. What is the highest amount you can offer to buy the car for if you can afford no more than $500 per month? About $ [Select] If you want to reduce the size of your payments you can also take a longer loan, but the interest rate would also go up. What is your monthly payment on a 6 year lease at an interest rate of 5% per year? About $ [Select] per month. What is the total amount of money that you would end up paying on the 6 year (72 month) loan? Total loan repayment amount: [Select]