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Car Affordability Calculator
Determine what car price range fits your budget comfortably
Your Car Affordability
Enter your financial details and click “Calculate” to see what car you can afford
Debt-to-Income Ratio (DTI)
36%
0%
36% (max recommended)
100%
Max Recommended Monthly Payment
$400
Estimated Interest Rate
5.5%
Maximum Loan Amount
$23,000
Your Car Affordability Range
Minimum
$20k
Maximum
$25k
How This Calculator Works
- Debt-to-Income (DTI) ratio should ideally be ≤ 36% (including the new car payment)
- Max monthly payment is calculated as 12% of your take-home pay (after estimated taxes)
- Interest rate is estimated based on current market conditions and your DTI
- Down payment is subtracted from the total car price to determine loan amount
Real Car Reviews
Welcome to Real Car Reviews—your ultimate destination for honest, in-depth, and expert automotive reviews. Whether you're a car enthusiast, a first-time buyer, or simply looking for reliable vehicle insights, we’re here to guide you through every step of your car-buying journey.