Calculators

Auto Calculator: How Much Can I Afford?

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

Auto: How Much Can I Afford
$100,000.00
Your total annual income from all sources.
$200.00
Your total amount of monthly payments for your vehicle, including maintenance, fuel, and insurance.
5.00
Term is in years.
5.00
Projected interest rate for an auto loan.
$2,500.00
How much money you intend to put down on a vehicle.

$8,333.33

$1,050.00

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

$50,400.00

$52,900.00

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