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Automobile Affordability Calculator

To calculate the most expensive car you can buy, enter the information below and click the Compute button.

Highest monthly payment you can afford: $
Down payment: $
Trade in (if any): $
Loan term (months):
Interest rate: %

Based on this information, the most expensive car you can buy is $21,186.76.

NOTE: This calculator computes the loan amount (which includes taxes and documentation fees), but does not indicate whether you would qualify for the loan.

This amount is computed as follows:
Cash down payment: $ 3,000.00
Trade in: $ 3,000.00
Loan amount: $ 15,186.76
Total: $ 21,186.76

You will pay $2,813.24 in interest over the course of the loan.

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TimeValue Software
Online financial calculators
for
Berkshire Bank

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These financial calculators provide approximate calculations based on the information entered. The results are not intended for, nor will they be used in determining any criteria for any product or service offered by Berkshire Bank.

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