<prompt> Human: So... I got my first job right out of college about a month and a half ago. Once I started getting steady paychecks, I got a little overzealous with all of the money coming in and decided to buy a 26,000 car. Long story short, I have a 470 car payment and im trying to figure out what it will take for my impulsive decision not to pork me in the long run. My monthly income is 3740 or 2700 after taxes, I have about 2,500 in the bank, no student or credit card debt, and am living with my parents so no rent ATM. Monthly food and entertainment has been around 500-600, and my parents are covering my car insurance and cell phone bill but I want to try and start paying for this on my own asap. My question is, what do I need to do to make sure this large payment doesnt prevent me from moving out in the next year?Assistant: Put everything you have toward that car. Maybe pay it off before you move out in a year. Human: I looked into at least doubling the payment for the next year, but I wasnt sure that would be the best option. Thanks to taxes and fees I had to have about 25,000 financed, which would still be about 3 years of payments if I were to put down 940mo for my car.Assistant: How long of a loan did you get??But your expenses are 600 per month. Put the other 2100 into this loan and its paid off in less than a year, and you have a MUCH easier time moving out. Human: Its a 25,000 loan at 4.9 APR my credit score is 790, so its a little high, but I got a rebate off the car for financing through them. I was thinking of maybe getting my loan to around 10-15k in the next year and refinancing to get a lower payment for when I move out.  <response>: 4.9 on a new car is way too high. Go to a CU and you should be able to refi at 1.99 or less. Hell, my 8 year old used car at is financed at 3.99 and I could get 3 if I wanted to deal with some extra hassle. 