Car Affordability Calculator

Determine how much car you can afford based on your income, expenses, and financial goals

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Financial Information

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Your total monthly income before taxes
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All monthly expenses (rent, utilities, food, etc.)
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Cash you can put down (recommended 10-20%)
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Value of your current vehicle (optional)
Shorter terms = higher payments, less interest. Max 48 months recommended.
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Annual percentage rate for auto loans (check current rates)
Car Affordability Tips
  • Keep total transportation costs under 15% of gross income
  • Limit car loans to 48 months maximum
  • Consider insurance, maintenance, and gas costs
  • Don't forget about vehicle registration and taxes
  • Certified pre-owned can offer good value
  • Shop around for the best financing rates
Car Affordability Analysis

Enter your financial information to see how much car you can afford and what your monthly payments would be.

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Max Car Price
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Monthly Payment
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Income Ratio