You could purchase an auto valued at $34,327 which includes a down payment of $5,000 and assumes you could qualify for a loan amount of $29,327.<table class='pure-table pure-table-bordered' role='grid'><tr><th scope="col">Month</th><th scope="col">Beginning Balance</th><th scope="col">Interest</th><th scope="col">Payment</th><th scope="col">Ending Balance</th></tr><tr><td role="rowheader" scope="row">1</td><td>$29,327.22</td><td>$171.08</td><td>$500.00</td><td>$28,998.30</td></tr><tr><td role="rowheader" scope="row">2</td><td>28,998</td><td>169</td><td>500</td><td>28,667</td></tr><tr><td role="rowheader" scope="row">3</td><td>28,667</td><td>167</td><td>500</td><td>28,335</td></tr><tr><td role="rowheader" scope="row">4</td><td>28,335</td><td>165</td><td>500</td><td>28,000</td></tr><tr><td role="rowheader" scope="row">5</td><td>28,000</td><td>163</td><td>500</td><td>27,663</td></tr><tr><td role="rowheader" scope="row">6</td><td>27,663</td><td>161</td><td>500</td><td>27,325</td></tr><tr><td role="rowheader" scope="row">7</td><td>27,325</td><td>159</td><td>500</td><td>26,984</td></tr><tr><td role="rowheader" scope="row">8</td><td>26,984</td><td>157</td><td>500</td><td>26,641</td></tr><tr><td role="rowheader" scope="row">9</td><td>26,641</td><td>155</td><td>500</td><td>26,297</td></tr><tr><td role="rowheader" scope="row">10</td><td>26,297</td><td>153</td><td>500</td><td>25,950</td></tr><tr><td role="rowheader" scope="row">11</td><td>25,950</td><td>151</td><td>500</td><td>25,602</td></tr><tr><td role="rowheader" scope="row">12</td><td>25,602</td><td>149</td><td>500</td><td>25,251</td></tr><tr><td role="rowheader" scope="row">13</td><td>25,251</td><td>147</td><td>500</td><td>24,898</td></tr><tr><td role="rowheader" scope="row">14</td><td>24,898</td><td>145</td><td>500</td><td>24,544</td></tr><tr><td role="rowheader" scope="row">15</td><td>24,544</td><td>143</td><td>500</td><td>24,187</td></tr><tr><td role="rowheader" scope="row">16</td><td>24,187</td><td>141</td><td>500</td><td>23,828</td></tr><tr><td role="rowheader" scope="row">17</td><td>23,828</td><td>139</td><td>500</td><td>23,467</td></tr><tr><td role="rowheader" scope="row">18</td><td>23,467</td><td>137</td><td>500</td><td>23,104</td></tr><tr><td role="rowheader" scope="row">19</td><td>23,104</td><td>135</td><td>500</td><td>22,738</td></tr><tr><td role="rowheader" scope="row">20</td><td>22,738</td><td>133</td><td>500</td><td>22,371</td></tr><tr><td role="rowheader" scope="row">21</td><td>22,371</td><td>130</td><td>500</td><td>22,002</td></tr><tr><td role="rowheader" scope="row">22</td><td>22,002</td><td>128</td><td>500</td><td>21,630</td></tr><tr><td role="rowheader" scope="row">23</td><td>21,630</td><td>126</td><td>500</td><td>21,256</td></tr><tr><td role="rowheader" scope="row">24</td><td>21,256</td><td>124</td><td>500</td><td>20,880</td></tr><tr><td role="rowheader" scope="row">25</td><td>20,880</td><td>122</td><td>500</td><td>20,502</td></tr><tr><td role="rowheader" scope="row">26</td><td>20,502</td><td>120</td><td>500</td><td>20,121</td></tr><tr><td role="rowheader" scope="row">27</td><td>20,121</td><td>117</td><td>500</td><td>19,739</td></tr><tr><td role="rowheader" scope="row">28</td><td>19,739</td><td>115</td><td>500</td><td>19,354</td></tr><tr><td role="rowheader" scope="row">29</td><td>19,354</td><td>113</td><td>500</td><td>18,967</td></tr><tr><td role="rowheader" scope="row">30</td><td>18,967</td><td>111</td><td>500</td><td>18,578</td></tr><tr><td role="rowheader" scope="row">31</td><td>18,578</td><td>108</td><td>500</td><td>18,186</td></tr><tr><td role="rowheader" scope="row">32</td><td>18,186</td><td>106</td><td>500</td><td>17,792</td></tr><tr><td role="rowheader" scope="row">33</td><td>17,792</td><td>104</td><td>500</td><td>17,396</td></tr><tr><td role="rowheader" scope="row">34</td><td>17,396</td><td>101</td><td>500</td><td>16,997</td></tr><tr><td role="rowheader" scope="row">35</td><td>16,997</td><td>99</td><td>500</td><td>16,596</td></tr><tr><td role="rowheader" scope="row">36</td><td>16,596</td><td>97</td><td>500</td><td>16,193</td></tr><tr><td role="rowheader" scope="row">37</td><td>16,193</td><td>94</td><td>500</td><td>15,788</td></tr><tr><td role="rowheader" scope="row">38</td><td>15,788</td><td>92</td><td>500</td><td>15,380</td></tr><tr><td role="rowheader" scope="row">39</td><td>15,380</td><td>90</td><td>500</td><td>14,970</td></tr><tr><td role="rowheader" scope="row">40</td><td>14,970</td><td>87</td><td>500</td><td>14,557</td></tr><tr><td role="rowheader" scope="row">41</td><td>14,557</td><td>85</td><td>500</td><td>14,142</td></tr><tr><td role="rowheader" scope="row">42</td><td>14,142</td><td>82</td><td>500</td><td>13,724</td></tr><tr><td role="rowheader" scope="row">43</td><td>13,724</td><td>80</td><td>500</td><td>13,304</td></tr><tr><td role="rowheader" scope="row">44</td><td>13,304</td><td>78</td><td>500</td><td>12,882</td></tr><tr><td role="rowheader" scope="row">45</td><td>12,882</td><td>75</td><td>500</td><td>12,457</td></tr><tr><td role="rowheader" scope="row">46</td><td>12,457</td><td>73</td><td>500</td><td>12,030</td></tr><tr><td role="rowheader" scope="row">47</td><td>12,030</td><td>70</td><td>500</td><td>11,600</td></tr><tr><td role="rowheader" scope="row">48</td><td>11,600</td><td>68</td><td>500</td><td>11,168</td></tr><tr><td role="rowheader" scope="row">49</td><td>11,168</td><td>65</td><td>500</td><td>10,733</td></tr><tr><td role="rowheader" scope="row">50</td><td>10,733</td><td>63</td><td>500</td><td>10,295</td></tr><tr><td role="rowheader" scope="row">51</td><td>10,295</td><td>60</td><td>500</td><td>9,855</td></tr><tr><td role="rowheader" scope="row">52</td><td>9,855</td><td>57</td><td>500</td><td>9,413</td></tr><tr><td role="rowheader" scope="row">53</td><td>9,413</td><td>55</td><td>500</td><td>8,968</td></tr><tr><td role="rowheader" scope="row">54</td><td>8,968</td><td>52</td><td>500</td><td>8,520</td></tr><tr><td role="rowheader" scope="row">55</td><td>8,520</td><td>50</td><td>500</td><td>8,070</td></tr><tr><td role="rowheader" scope="row">56</td><td>8,070</td><td>47</td><td>500</td><td>7,617</td></tr><tr><td role="rowheader" scope="row">57</td><td>7,617</td><td>44</td><td>500</td><td>7,161</td></tr><tr><td role="rowheader" scope="row">58</td><td>7,161</td><td>42</td><td>500</td><td>6,703</td></tr><tr><td role="rowheader" scope="row">59</td><td>6,703</td><td>39</td><td>500</td><td>6,242</td></tr><tr><td role="rowheader" scope="row">60</td><td>6,242</td><td>36</td><td>500</td><td>5,779</td></tr><tr><td role="rowheader" scope="row">61</td><td>5,779</td><td>34</td><td>500</td><td>5,312</td></tr><tr><td role="rowheader" scope="row">62</td><td>5,312</td><td>31</td><td>500</td><td>4,843</td></tr><tr><td role="rowheader" scope="row">63</td><td>4,843</td><td>28</td><td>500</td><td>4,372</td></tr><tr><td role="rowheader" scope="row">64</td><td>4,372</td><td>26</td><td>500</td><td>3,897</td></tr><tr><td role="rowheader" scope="row">65</td><td>3,897</td><td>23</td><td>500</td><td>3,420</td></tr><tr><td role="rowheader" scope="row">66</td><td>3,420</td><td>20</td><td>500</td><td>2,940</td></tr><tr><td role="rowheader" scope="row">67</td><td>2,940</td><td>17</td><td>500</td><td>2,457</td></tr><tr><td role="rowheader" scope="row">68</td><td>2,457</td><td>14</td><td>500</td><td>1,971</td></tr><tr><td role="rowheader" scope="row">69</td><td>1,971</td><td>11</td><td>500</td><td>1,483</td></tr><tr><td role="rowheader" scope="row">70</td><td>1,483</td><td>9</td><td>500</td><td>991</td></tr><tr><td role="rowheader" scope="row">71</td><td>991</td><td>6</td><td>500</td><td>497</td></tr><tr><td role="rowheader" scope="row">72</td><td>497</td><td>3</td><td>500</td><td>0</td></tr></table>