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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The information provided by these calculators are estimates based on the information entered and may vary from your actual loan, mortgage, investment or savings results. The calculated results are not guaranteed to be accurate and are in no way endorsed, offered or guaranteed by Financial Strategies Online.