Car Affordability Calculator
When trying to get a car payment to fit into a budget, remember the lender might have additional fees or taxes that will cause your payment to be higher than reported here. Also, remember many lenders require you have full coverage insurance (sometimes referred to as collision coverage) if you are financing a car. Collision coverage will be more expensive if you currently have liability coverage only. Before purchasing a new car, make sure to check the rates at your favorite auto insurance provider.
Simply enter the amount you can afford to pay on a car payment each month, and our car affordability calculator will let you know how much you can look to spend on a vehicle. If you are having trouble getting the price you want or need, then try extending the loan term or finding a lower interest rate.