How Much Can I Afford?

Use this calculator to determine how much you can afford to borrow for a car. Should you actually finance your car? If you're unsure, our article on Car Financing may help you decide. You can also use our Car Loan Comparison Calculator to compare various loan terms and interest rates. In addition, you might want to try our Car Comparision Calculator to compare the different total costs of owning different vehicles.

New Car Affordability Calculator

Find out what you can afford to pay for a car with our free New Car Calculator. This calculator will take into account the savings you have available for a down payment, along with how much you can afford in monthly payments, expected interest rate, loan term, and trade in/rebate value.

Down payment amount you can afford ($):
Monthly payment amount you can afford ($):
Expected annual interest rate (%):
Loan term (# of months):
Value of your trade-in ($):
Cash rebate to be added to down payment ($):
You will be able to afford a vehicle that costs:
Loan amount you would need to qualify for:

What You Should Know