Auto Loan Affordability

Start with a monthly payment and see the maximum vehicle price you can afford, including taxes, fees, incentives, and trade-in.

Target monthly payment ($)

Loan term (months)

Interest rate (APR %)

Cash incentives ($)

Down payment ($)

Trade-in value ($)

Amount owed on trade-in ($)

Sales tax (%)

Title/registration/other fees ($)

Include taxes and fees in loan

Results

Max vehicle price

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Monthly payment

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Total cost (price + interest + tax + fees)

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Total loan amount

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Total loan interest

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Sales tax

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Total of loan payments

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What this calculator does

This calculator starts from a target monthly payment and estimates the vehicle price you can afford, factoring in incentives, trade-in, taxes, fees, rate, and term.

How the calculation works

The loan amount is built from vehicle price minus incentives, down payment, and trade-in value, plus any negative equity, taxes, and fees (if financed). The monthly payment uses standard amortization with your APR.

Upfront vs. financed costs

If you choose not to finance taxes and fees, they’re treated as upfront. Results also show total interest, total loan payments, and overall cost.