How Much Car Can You Afford?
Before shopping for a car, it's important to know your price range. Committing to a car payment that you can't afford can have a negative effect on your finances.
Currency
How much do you have saved for a down payment?
Trade-in value of your current vehicle
Vehicle rebates
How quickly do you want to pay off your car?
How much can you afford to pay monthly for a car?
What interest rate do you think you can obtain on a loan?
Sales tax where you live
Results
Paying %RESULT_PAYMENT% monthly for %RESULT_MONTHS% months, you should be able to afford a car that costs %RESULT_COST%.
Total cost of the car
Down payment + trade-in + rebates
Tax
Total loan amount
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