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Auto Calculator: How Much Can I Afford?

Find out how much car you can afford based on your budget and financial situation.

Auto: Affordability
100000
Your total annual income from all sources.
2500
Your total amount of monthly debt payments, including maintenance, fuel, and insurance.
4
Term is in years.
5
Projected interest rate for an auto loan.
2500
How much money you intend to put down on a vehicle.

This assumes that your total car expenses (including loan payment) should not exceed 15% of your monthly income.

The accuracy of this calculator and its applicability to your circumstances are not guaranteed. Results should be discussed with a qualified professional before any product purchases or loan commitments are made.

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