Carvia Logo

Free Car Affordability Calculator 2025

Calculate how much car you can afford based on your income, debts, and budget. Get personalized recommendations for your car buying budget.

Budget Calculator
Financial Planning
Smart Shopping

Calculate Your Car Affordability

Enter your financial information to see how much car you can afford

Financial Information

Enter your income and debt information

Credit cards, student loans, other loans

Loan Terms

Enter your preferred loan terms

Affordability Results

Your personalized car buying budget

$70,964.57

Maximum Car Price

Maximum Loan Amount:$65,964.57
Down Payment:$5,000.00
Monthly Payment:$1,260.00
Total Monthly Cost:$1,510.00
Debt-to-Income Ratio:35.2%

Recommendation: Based on the 28% rule, you can afford a car up to $70,964.57.

Budget Breakdown

Monthly cost analysis

Car Payment:$1,260.00
Insurance:$150.00
Maintenance:$100.00
Total Monthly Cost:$1,510.00

Available Income: $4,500.00 per month

After paying existing debts

Remaining Budget: $2,990.00 per month

For other expenses and savings

Save Your Results

Create a free Carvia account to save your calculation and access 20+ more car tools

Save to Account

Email Your Results

Get your detailed calculation results delivered to your inbox with expert insights

Email Results

Download PDF Report

Get a professional PDF report with charts, analysis, and recommendations

Download PDF

Get More Tools

Subscribe to our newsletter for weekly car buying tips and access to exclusive tools

Newsletter Signup

Frequently Asked Questions

Everything you need to know about car affordability