Car Affordability Calculator

Find out how much car you can afford based on your income, debts, and budget.

Financial Information

Include rent, loans, credit cards

Maximum Car Price

$39,498
Max payment: $675/month

Affordability Breakdown

Maximum Loan Amount$34,498
+ Down Payment$5,000
= Maximum Price$39,498

Budget Scenarios

Conservative (10%)$27,999
$450/month - Lower financial stress
Recommended (15%)$39,498
$675/month - Balanced approach
Aggressive (20%)$50,998
$900/month - May strain budget

Debt-to-Income Ratio

10.0%
Current DTI
23.5%
DTI with Car

Lenders prefer DTI below 40%. Lower is better for financial health.