Work backward from the monthly payment you are comfortable with to see the total vehicle price you can afford, including your down payment.
How it works
- Input the monthly car payment you are comfortable making.
- Enter expected loan terms (APR and months).
- The calculator reverses the math to give you the maximum car price you should shop for.
Frequently asked questions
Why start from the payment?
Most buyers budget by monthly payment. Solving for price keeps you from overspending on the sticker.
Does this include taxes and fees?
No — sales tax, registration, and dealer fees are extra. Leave room in your budget for them.
How does the term affect affordability?
A longer term lowers the payment but raises total interest, so you pay more for the same car overall.