Car affordability

Car Affordability Calculator

Work out the most expensive car you can afford from the monthly payment you're comfortable with, your down payment, trade-in, rate and taxes.

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A common guideline keeps car payments under 10% of gross pay: about $583 a month for you.

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Car price you can afford

$29,411

Loan amount

$27,776

Total interest

$5,224

Estimate only. Some states tax the price after the trade-in credit; this assumes tax on the full price. Your rate depends on your credit and the lender. Budget separately for insurance, fuel and maintenance.