Auto: How Much Can I Afford

Annual Income

100000

Your total annual income from all sources.

Monthly Debt Payments

200

Your total amount of monthly payments for your vehicle, including maintenance, fuel, and insurance.

Loan Term

5

Term is in years.

Interest Rate

5

Projected interest rate for an auto loan.

Down Payment

2500

How much money you intend to put down on a vehicle.

Monthly Income

Maximum Monthly Payment

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

Loan Amount

Total Vehicle Price

Calculators